Turmeric futures hit two month low on weak demand. Febru09:13 AM IST Agri Picks Report: GeojitĪccording to Geojit, Spices complex was under pressure on NCDEX on Wednesday.Now the focus might shift towards US CPI data due next week, to gauge Fed’s future course of actions, said Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities. Recent uptick in yields have taken some steam off the non-yielding yellow metal. Febru10:17 AM IST Gold Prices Today: Sell yellow metal on rise around Rs 57,100 support around Rs 56,680-56,500.Febru12:58 PM IST Commodities Live: Raw Sugar At ICE Trades At Near 6 Year High | China Demand Surges.One of the world’s biggest commodity traders faces more than half a billion dollars in losses from what it described as a ‘systematic fraud’ involving missing nickel. Febru10:42 PM IST Trafigura's nickel nemesis was already notorious in metal circles.Febru09:28 PM IST Commodity markets' risk appetites to depend on next week’s US CPI, retail sales figuresĬOMEX Gold and Silver traded in a narrow range this week in line with a stronger Dollar and higher US treasury yields, as FOMC members hinted that rates would go higher.

Prices rose on Friday after Russia, the world's third largest oil producer, said it would cut crude production in March by 500,000 barrels per day (bpd), or about 5% of output, in retaliation against western curbs on its exports that were imposed in response to the Ukraine conflict.

Febru08:23 AM IST Oil falls on demand concerns as impact of Russian output cut fades.

Firm demand lifted jeera futures, while turmeric futures came under pressure from expectation of rise in arrivals in coming days. Jeera and coriander futures ended on a positive note, while turmeric continued declining on the bourse.

Febru09:11 AM IST Agri Picks Report: GeojitĪccording to Geojit, Mixed moves were seen in NCDEX spices complex on Thursday.Febru10:03 AM IST Gold Prices Today: Precious metals to remain under pressure as US Fed may stay hawkishĪccording to the market experts, persistent higher US inflation could force the US Federal reserve to maintain its hawkish stance on monetary policy and could further increase interest rates, weighing bullion prices.Febru01:00 PM IST Commodities LIVE: MCX re-launches cotton futures prices to be in candy rather than balesĬatch the latest in commodities with Manisha Gupta live!.

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