If we hear to the reports of LME, we get shocked to hear that even a single company has the potential to wield 89% Lead in warehouses under the scanner of LME and the reports reveals that the position is worth $704 million when calculated in current value terms.
The commodity prices of Gur at NCDEX opened at 1056 per quintal for July and it made an intraday low of 1038 but it started trading up side and made an intraday high of 1061 and still expected to trade up side. the reason for this is profit booking by some people.
Crude oil futures were trading lower during early morning trade in the domestic market on Friday as investors and speculators continued to cut risky bets in the energy commodity amidst heightened fears over a worsening supply glut in the global oil market. US crude supplies climbed for the seventh week on the trot, up by 4.22 million barrels last week, the EIA said, adding that supplies of the fuel in the world's biggest oil consumer