Edible Oils Slip On Weak Palm Oil

MUMBAI: Bullion clocked a turnover of Rs 2,065.38 crore on MCX as gold contracts, including gold mini, see-sawed between a loss of Rs 63 and gain of Rs 82 per 10 gram. Gold February traded down 0.55% at Rs 10,305 per 10 gm.

Silver contracts, including silver mini, fluctuated between a loss of Rs210 and gain of Rs 63 per kg. Silver March contract receded by 0.59% to Rs 19,315 per kg.

In the base metals segment, copper contracts turnover amounted to Rs 591.22 crore. Copper February delivery contract was down 1.91% at Rs 264.85 per kg.

Turnover of all zinc contracts stood at Rs 283.77 crore.

Total turnover up to 5pm amounted to Rs 4,067.82 crore.

On NCDEX, edible oil complex was down tracking weak Malaysian crude palm oil prices and due to profit-booking. NCDEX registered a total turnover of Rs 1,359 crore with active trade in soya oil, soyabean, guar seed and rape mustard seed.

Soya oil closed down at Rs 524 per 10 kg clocking a turnover of Rs 228 crore, soyabean closed down at Rs 1,840 per quintal with a turnover of Rs 327 crore while rape mustard seed closed down at Rs 457.45 per 20 kg registering a turnover of Rs 154 crore.

Guar seed closed down at Rs 1,618 per quintal with a turnover of Rs 162 crore, pepper closed up at Rs 12,679 per quintal with a turnover of Rs 135 crore, jeera closed flat at Rs 9,463 per quintal recording a turnover of Rs 70 crore and turmeric closed up at Rs 2,324 per quintal registering a turnover of Rs 58 crore.