Thursday, December 8, 2011

NCDEX Guardeeb news and mcx basemetal tips

Base metal Tips: The initial strength in base metals is still continuing. On MCX Copper, zinc, lead and aluminum at the edge of about 0.5 per cent is business.
Spawn in the futures market is trading at the 1 per cent. Spawn during the last 1.5 months, prices have declined about 15 per cent.

Guar Seed News
Paper, textiles and mining industry such as guar seeds that are used extensively in view of rising prices, the commodity exchange regulator, the Forward Market Commission has convened a meeting today.
FMC to review the prices of guar has called a meeting of the Commodity Exchange. FMC artificial increase in the prices of guar is feared. So to control the prices of guar on the commodity exchange will be asked to take necessary precautions.


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