Indian CommoditiesMmarket, GST Can Bring in Big Benefits - MCX

Mr. P. K. Singhal Joint Managing Director, MCX said, '' The winter session (2015 December) of Parliament has started, raising expectations about the build-up of a political consensus on the much-awaited legislation on the Goods and Services Tax (GST). The GST regime,…

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View on Sugar by Ms. Pallavi Munankar – Research Analyst, Geofin Comtrade Ltd.

View on Sugar: Inputs by Ms. Pallavi Munankar – Research Analyst, Geofin Comtrade Ltd. Cabinet Committee on Economic Affairs has come out with its decision to pay a production-linked  subsidy  of Rs 4.50 per quintal directly to cane farmers for 2015-16, in order to provide a h…

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MCX: Revision in Trade Timings Effective from November 2, 2015

In terms of the provisions of the Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are hereby notified as under: In view of the change in US daylight saving timings, the trade timings are being revised. Accordingly, the Business Rule 14 and 36 (1…

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FMC Merges with SEBI: FIVE facts to know about the unprecedented merger of regulators...!

The amalgamation of Forward Markets Commission (FMC), the erstwhile commodities regulatory body, with capital markets watchdog Securities and Exchange Board of India (SEBI) came into effect today, marking the first major case of 2 regulators being merged. Although, the merge…

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Understand Rules and Risks Of Commodity Tradings ..!

Understand Rules and Risks Of Commodity Tradings  From MCX ADVT 

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U.S. crude oil INVENTORY REVIEW

U.S. crude oil INVENTORY REVIEW U.S. crude oil stockpiles was near unchanged in the week ended August 28, 2015 when compared to week ended July 31, 2015. U.S. Crude oil stocks (million barrels) 07/31/2015     455.3 08/07/2015     453.6 08/14/2015     456.2 08/21/2015     450.8 08/28/2…

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SPOT MARKET OVERVIEW August 2015

August 2015 SPOT MARKET OVERVIEW Spot price of WTI Cushing crude oil averaged US $ 42.86 per barrel in August 2015, lower than US $ 50.89 per barrel in July 2015.  It opened the month at US $ 45.17 per barrel and closed the month at US $ 49.20 per barrel, that was also the hi…

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INDIAN CRUDE OIL BASKET August 2015

INDIAN CRUDE OIL BASKET August 2015 The Indian crude oil basket averaged daily US$47.46 per barrel in August 2015 with a high of US$50.63 per barrel during the month.

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Commodity FUTURES TRADING OVERVIEW

FUTURES TRADING OVERVIEW From MCX  Report MCX crude oil contract aggregate average daily volume for August 2015 was 23.63 mn. barrels and aggregate average daily open interest for the month was 3.91 mn. barrels. NYMEX Light Sweet WTI Crude oil futures aggregate average daily …

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Commodity DATA RELEASES IN SEPTEMBER 2015

DATA RELEASES IN SEPTEMBER 2015..! From MCX Report Weekly crude oil inventory data every Wednesday (except for 9  SEPTEMBER 2015  would be on 10  SEPTEMBER 2015  owing to US market holiday – Labour Day on Monday 7  SEPTEMBER 2015 ) and weekly U.S. jobless claims every Thursday Germa…

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COMMODITY UNDER FOCUS : CRUDE PALM OIL

Indonesia and Malaysia are biggest palm oil producing countries. In fact they both produce around 85% of the global palm oil. These countries are also the biggest exporters and have a share of more than 90% in the global export market. India and China are the top importing nati…

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Commodity Futures Market Has Helped Better Price Discovery: Reserve Bank of India..

The 11th issue of the Financial Stability Report released by the Reserve Bank of India (RBI) on June 25, 2015 states that the futures market has enhanced liquidity in commodity trading, which has not only helped better price discovery at the national level but has also crea…

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COMMODITY DATA RELEASES IN JULY 2015

DATA RELEASES IN JULY 2015 Weekly crude oil inventory data every Wednesday and weekly U.S. jobless claims every Thursday German ZEW Economic Sentiment on July 14 Fed Chair Yellen Testifies July 15 to 16 China Markit Flash Manufacturing PMI and German and French Flash Manufa…

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Key developments in international Commodity markets, June 2015

• The China Securities Regulatory Commission (CSRC) said that it planned to complete preparatory work for the country's first crude oil futures contract over the next three months. A commission spokesperson said that the regulatory body would look into the policies of t…

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Commodities Regulatory developments June 2015

Commodities  Regulatory developments FMC circulars June 1, 2015 • RBI notification on encouraging agri-borrowers for hedging price risks The FMC circulated the RBI notification of May 28, 2015, advising banks to encourage large agricultural borrowers to hedge their risks on agri…

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Agriculture Commodities June 2015

From MCX Report • Crude palmoil – MCX June CPO futures contract closed June at Rs. 451.4 per 10 kg, down 2.3%, as USDA forecasted that global palm oil production would increase by 6% to touch 65.17 million tonnes (Mt) in 2015–16 as against 61.65 Mt a year ago. – Malaysian CPO pro…

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