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MCX Weekly Market Report - Lead December 07 Contract Rises 5.86% At Rs103.80 Per Kg And Nickel December 07 Contract 2.46 % At Rs1040 Per 100kgs

Date 21/12/2007

MCX – COMDEX
Open: 2314.80      High: 2319.03 Low: 2271.83
Close: 2310.12 Previous close: 2310.94

Total turnover (single- sided) of all MCX contracts for the week December 14-20 /07 (Friday-Thursday) was Rs57,897.73 crore.

MCX COMDEX at 2310..12 points receded by 0.04% on the previous close. MCX Agri- Index rose by 0.07% at 1631.09 points, MCX Energy Index at 2679.96 points shaved off 0.35% and MCX Metal Index at 2510.80 points went up by 0.27%..

In the bullion segment, MCX gold contracts registered a turnover of Rs 20570..39 crore. Open interest of all gold contracts was 11,722 kgs and total volume 201,597 kgs. The February gold contract was up 0.16% at Rs 10,232 per 10 gms on the previous week’s close.

Silver contracts clocked a turnover of Rs 11,381.09 crore. Open interest for all silver contracts was 384,055 kgs and total volume 6,108,340 kgs. Silver for March delivery advanced by 0.57% at Rs 18,913 per kg.

In the metal segment, MCX copper contracts across the board registered a turnover of Rs 5606.39 crore. Open interest was 16,910 tonnes and total volume 217,440 tonnes. Copper for February delivery rose l by 037 % at Rs 260.85 per kg.

MCX Zinc contracts recorded a turnover of Rs 2833.10 crore. Open interest was 47,795 tonnes and total volume 308,545 tonnes. The December contract lost.2.66% at Rs 91.60 per kg.

Nickel contracts turnover was Rs 638.92 crore, open interest 1,301 tonnes and volume 6178 tonnes. The December contract went up by 2.46% % at Rs 1,040 per kg.

Lead contracts clocked a turnover of Rs 1956.10 crore, OI of 10,520 tonnes and volume of 197,640 tonnes. Lead for December delivery improved by 5.86 % at Rs 103.80 per kg.

In the Energy segment, all MCX crude oil contracts registered a turnover of Rs 13,213.77 crore. Open interest was 1,258,200 barrels and total volume 36,790,300 barrels. The January 08contract closed down by 0.17 % at Rs 3619 per barrel.

Natural gas contracts recorded a turnover of Rs155.39 crore, open interest of 589,500 mmbtu and total volume of 5,491,000 mmbtu. The December contract fell by 1.46% at Rs 284.10 per mmBTU.

Some of the other major agro-commodities traded on MCX registered the following turnover:
  • All Mentha Oil contracts registered a turnover of Rs 57.66 crore, open interest of 1,262 tonnes and total volume of 1,275 tonnes. Mentha oil for December delivery shrank by 0.79% at Rs 450.10 per kg.
  • All MCX Refined Soya Oil contracts clocked a turnover of Rs859.43 crore, with open interest of 36,220 tonnes and total volume of 158,780 tonnes. The January 08 contract was up by 1.96% at Rs 543.50 per 10 kg.
  • MCX Potato (Agra) contracts registered a turnover of Rs.20.81 crore, open interest of 16,860 tonnes and total volume of 39,090 tonnes. The March 08 contract lost by 3.52% at Rs 515. per quintal (100 kg).
  • The Potato (Tarkeshwar) contract recorded turnover of Rs4.72 crore, OI of 8,340 tonnes and volume of10,350 tonnes. The March ‘08 delivery contract went down by 1.06% at Rs 446.10 per quintal.
  • Cardamom contracts clocked a turnover of Rs83.09 rore, OI of 336 tonnes and volume of 1,388 tonnes. The January 08 contract was up by 1.69% at Rs600 per kg.
  • MCX Chana contracts recorded a turnover of Rs 210.04 crore, OI of 3,780 tonnes and volume of 94,750 tonnes. The December contract moved up 3.51% at Rs 2,239 per quintal.
  • MCX Kapaskhali contracts clocked a turnover of Rs 20.01 crore, OI of 11,025 tonnes and volume of 28,240 tonnes. The January 08 contract was up by 2.51 % at Rs 359.10 per 50 kg.
  • MCX Guarseed contracts recorded turnover of Rs 0.19 crore, OI of 180 tonnes and volume of120 tonnes. The December contract rose by 0.48% at Rs 1,582.50 per quintal.