MCX Tips For Today, Commodity Tips, Commodity Price Today, share Price Live, MCX Live Rates, NCDEX TrendIn the domestic market, the price of soybeans is broken again. NCDEX soybean at the moment with a decline of 1 per cent is trading. The U.S. Department of Agriculture in world soybean production this year is estimated to grow to around 11 per cent is expressed.
According to the report, India's record soybean crop this year is going to be. The sharp fall in the middle of the spot market soybean farmers in Madhya Pradesh government has sought to increase the purchase price.
Committee formed to Dikantrol sugar sector has submitted its report to the government. Sujan under which the sugar sector have been many significant changes. FRP of sugarcane must report a change in regulations. Revenue sharing between the mills and cane growers are proposed. Eliminate the levy sugar quota and import - export is proposed to remove the controls. The news on NCDEX sugar rose 0.5 per cent up to Rs 3,400.
Precious metals are trading cautiously, as stability in US dollar continues to keep a lid on the upside in prices. US dollar garnered strength from better than expected U.S jobless claims wherein the numbers fell to 4 year low. Of late, US$1,790‐1,800 range has proved to be a strong resistance for the yellow metal and the breach of the same can only lead to resumption of upswing in prices. In Europe, S&P’s downgrade of Spain led the sovereign bond yields move closer to 6%; however they have retraced back now.
MCX Share Live Price:
- MCX Gold (December) Price indication: Prices have support at Rs 31250/10gms and resistance at Rs 31550/10gms
- MCX Silver (December) Price indication: Prices have support at Rs 61300/kg and resistance at Rs 62400/kg.
- MCX Copper (November) Price indication: Prices have support at Rs 434/kg and resistance at Rs 442/kg
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