Commodity Mcx Ncdex Market News 26 April
Decline in turnover of
commodity exchanges
There has been a massive decline in turnover of commodity
exchanges. During the first half of April 5 national and 16 regional commodity
exchanges in the country on a turnover of Rs 2.37 lakh crore has been made.
Nearly 8 million in the same quarter last year had a turnover of Rs. Thus, the
year-on-year decline of 70 per cent in commodity market trading has been made.
In the first half of April on an annual basis, 72 per cent of
the turnover of MCX, NCDEX then rolled 45 per cent of the turnover. Agri commodity exchanges in the evening, despite the fact the business has eluded relief. But
Saturday's closing turnover of the business is impacted. And, turnover dropped
from 15 days to two additional holidays.
Concern raised by the
golden glow of Ukraine
Yesterday saw the gold Strong. Even Russia - Ukraine shadow
of the crisis on commodity market is Strong. After slipping to a low of 2.5
months Comex gold gained yesterday. 1 percent higher yesterday on the Comex
gold price has exceeded $ 1,300. Increased concern in the international market
of Ukraine won the gold support. With an increase in the domestic market was
closing. In the international market due to the rapid and continuous fall in
rupee has supported gold.
Increased anxiety on one hand the
gold Strong of Ukraine on the other hand, registered a decline in crude oil.
Yesterday, crude oil prices dropped again to $ 100. In the domestic market, the
price came down to Rs 6150. Constant pressure on crude reserves in the U.S.
continues to grow. This week, the U.S. Energy Department report came much too
crude stocks were estimated.
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1:37 PM
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