CRUDE OIL FUTURES ROSE ON SPOT DEMAND

At the MCX, Crude Oil futures for Dec contract was trading at Rs. 2845.00 Per Barrel, up by 4.17%, after opening at Rs.2748.00 Per Barrel, against a previous close of Rs. 2731.00 Per Barrel. It touched an intra-day low of Rs. 2721.00 Per Barrel and high of Rs.2854.00 Per Barrel in the future market.

Crude Oil traded higher on Tuesday as participants widened their positions on firm spot demand.

Natural gas futures slipped to Rs 236.30 per mmBtu on November 3 as participants increased their short positions as seen by the open interest.

Crude palm oil(CPO) futures trade firm at Rs 837.10 per 10 kg on November 3 to touch a new lifetime high as participants widened their position as seen by the open interest.

Silver prices traded higher to Rs 62,409.00 per kg on November 3 as participants increased their long positions, as seen by the open interest.

On Multi Commodity Exchange, Commodities like Crude Oil, CPO, Cotton ,Nickel, Silver ,Zinc, Lead, MCX Metdex, Mentha Oil, Copper, MCX Bulldex, Gold Guinea, Gold Petal, Aluminium, GoldM, Gold futures were the gainers, gained by 4.17%, 1.47%, 0.93%, 0.83%, 0.65%, 0.47%, 0.47%, 0.44%, 0.41%, 0.28%, 0.24%, 0.20%, 0.19%, 0.19%, 0.13%, 0.11%, 0.10% respectively. While Commodities like Natural Gas futures was the loser with a loss of 2.32% respectively.