Live Commodity Tips and News By MoneyMaker Research

commodity tipsOn the back of low prices for Pulses with cheap imports being one of the main reason, government had restricted the import of Tur, Urad and Moong believing to make an impact in the domestic prices. Prices of whole Tur and Moong increased by Rs 200 to Rs 300 per quintal after the announcement of import restriction to Rs 4800 and Rs 5000 respectively, But the whole Tur prices are still below MSP. During the start of August on the back of imports restriction in India, Tur prices in the global market was seen to decline to $300 per ton from $400 per ton. In the last few weeks prices of Pulses in the global market was down by 10 to 15 percent.

 

Commodity Market Live: In Bullion Market, MCX Gold is in positive zone but with mere 9 points up at 29114 while Silver is 54 points up at 38993. In Base Metal sector, Aluminium, Copper, Nickel and Lead are trading with minor losses. In NCDEX Segment, Rmseed is 6 points up at 3827, Cokudakl is 7 points up at 1458, Tmcfgrnzm hiked 64 points at 7300 and Jeeraunjha jumped 80 points up at 19580.
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