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MCX base metals futures down on global cues

MCX base metals futures down on global cues

Today, strong rupee is pressure on base metals. All MCX Metals prices declined on futures trading today after speculators trimmed their exposures amid a weak global trend. At 1:30 PM on the Multi Commodity Exchange (MCX), Aluminium for delivery in January ...

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MCX Lead, Nickel futures moves up on rising spot demand

MCX Lead, Nickel futures moves up on rising spot demand

MCX Lead futures Lead prices rose 0.45 percent to 133.50 rupees per kg in futures trading today as speculators extended their positions, driven by pick-up in spot market demand. At MCX most active, lead for delivery in January rose by ...

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MCX Copper down by 0.3% on global cues

MCX Copper down by 0.3% on global cues

Copper prices fell by 0.34% to Rs 456.40 per kg in futures trading today as speculators offloaded their positions taking negative signals to foreign markets. Today, all base metals on MCX are trading in the red. At 12: 20 PM, ...

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MCX Nickel remains up 0.63% in futures trade on global cues

MCX Nickel remains up 0.63% in futures trade on global cues

Extended an upward streak for another day, nickel prices surged more than 0.63 percent to 898.80 rupees per kg in the futures market as speculators committed in extending positions, tracking a trend firming overseas and increased demand from alloy-makers. At ...

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MCX Copper decline by 0.49% in futures trade on global cues

MCX Copper decline by 0.49% in futures trade on global cues

Prices of copper futures declined by  0.49 percent to 457.90 rupees per kg after profiteers lowered their exposures amid a weak trend in the global markets. In early morning trade at MCX, copper for delivery in April declined by Rs 2.25, ...

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FMC allowed spread trading to MCX Copper and Nickel

FMC allowed spread trading to MCX Copper and Nickel

After allowing the Forward Markets Commission (FMC),  MCX has also decided to facilitate the spread trading in Metals Copper and Nickel. That’s Mini Copper and Copper from today on Exchange has also started spread trading. Similarly, Nickel and Nickel mini ...

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MCX Copper up by 0.64% on strong global cues

Copper Feb futures up by 0.64% on strong global cues

MCX Copper Feb futures up by 0.64% on strong global cues: Driven by a firming trend in the global markets as inventories recorded by the MME (London Metal Exchange) continued to decline, copper futures prices rose by 0.18% to Rs ...

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Copper futures edged up by 0.30% on spot demand

Copper futures edged up by 0.30% on spot demand

Copper futures edged up by 0.30% on spot demand: Copper futures prices edged up today by 0.30% to Rs 470 per kg as speculators enlarged positions in the midst of firming trend in the spot markets on better demand, including ...

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