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Copper futures lost around 1% while comments and statements from major producers and investment banks across the globe intensified the slide in the red metal and peers. US Crude along with Brent too sliding lower towards their lowest mark for the active September contract aided the downside into the industrial metals as for crude too higher supplies and lower demand is leading towards lower prices which is anticipated to act bearish over the inflation aspect globally while indirectly effecting consumption on major commodities including industrial metals..... Read more here- http://www.pinnaclefinancial.in/blog/intraday-mcx-tips-base-metals-copper-updates/

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Crude Oil prices rose in Asia on Thursday but remain subdued by concerns about the impact on demand from the stock market rout in China and Greece's debt crisis, analysts said. Robust commercial crude inventories in the United States added to the pressure in the commodity face of a supply glut, they said.

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Gold prices firmed as the dollar softened, while investors remained cautious ahead of Greece's referendum on an international bailout deal. Base Metal Silver prices gained ground as the release of downbeat U.S. economic reports on Thursday dampened demand for the greenback.

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Price of Jeera terminited lower by 2.13 per-cent on yesterday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a upsurge in the supply from the producing areas in the midst of a decline in the export requiremen

Base metals segment fell down on Monday on sluggish demand for most of the base metals. Though trade balance data released today's morning showed an increase in import. Trade balance data came more than expected..... Read more here- http://www.pinnaclefinancial.in/blog/commodity-face-saudi-arabia-is-to-increase-production/

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