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Thursday, 18 April 2019

EPIC RESEARCH MCX Menthaoil UPDATE OF 18 April 2019

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Menthaoil trading range for the day is 1478.1-1512.9.* Mentha oil spot at Sambhal closed at 1599.10 per 1kg. Spot prices was down by Rs.-4.10/-.* Menthaoil settled up amid improved demand from consuming industries at the domestic...

EPIC RESEARCH MCX Aluminium UPDATE OF 18 April 2019

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Aluminium trading range for the day is 147.6-149.2.* Aluminium prices gained amid signs of a slower decline in alumina prices and expectations on higher consumption.* China's exports rebounded in March but imports shrank for a fourth...

EPIC RESEARCH MCX Nickel UPDATE OF 18 April 2019

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Nickel trading range for the day is 878.7-917.5.* Nickel prices remained supported after recent signs the global economy is likely to avoid a sharper downturn.* China’s fiscal spending increased 15 percent during January-March from year ago...

EPIC RESEARCH MCX Zinc UPDATE OF 18 April 2019

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Zinc trading range for the day is 224-228.6.* Zinc gained as support seen after a raft of Chinese data signalled Beijing’s recent stimulus drive might be paying off.* On-warrant zinc stocks in warehouses tracked by ShFE...

EPIC RESEARCH MCX Copper UPDATE OF 18 April 2019

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Copper trading range for the day is 449.6-461.8.* Copper prices rose after data from China showed higher unwrought copper imports in March, while declining inventory and concerns over supply deficit also lent support.* China imported 391,000...

EPIC RESEARCH MCX Naturalgas UPDATE OF 18 April 2019

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Naturalgas trading range for the day is 172.3-181.3.* Natural gas dropped on forecasts for the weather to warm and heating demand to decline over the next two weeks, allowing utilities to shrink the massive storage deficit.*...

EPIC RESEARCH MCX Crudeoil UPDATE OF 18 April 2019

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Crudeoil trading range for the day is 4400-4494. * Crude oil gained propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signalled firm demand. * Russia raised...

EPIC RESEARCH MCX Silver UPDATE OF 18 April 2019

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Silver trading range for the day is 36905-37621. * Silver prices ended with losses amid more positive developments in the Sino-U.S. trade talks. * Fed Chair Jerome Powell says that interest rates are in the right...

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