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Commodities

May 23, 2019, 08.45 AM IST

Commodity Watch

23 May | 08:45AM
FUTURES PRICE

(Near month contract prices)
Gold prices steady, buoyed by worries over Sino-US trade tensions

Gold prices steady, buoyed by worries over Sino-US trade tensions

US gold futures eased 0.1 per cent to $1,273.30 an ounce.

Cotton likely to remain range-bound till June-end

Cotton likely to remain range-bound till June-end

However, prices have fallen to Rs 44,500 per candy in the spot trade.

Jewellers, traders stock gold ahead of election results

Jewellers, traders stock gold ahead of election results

Gold and dollar may attract safe haven buying if the situation worsens.

Oil prices fall on surging US crude stockpiles, economic concerns

Oil prices fall on surging US crude stockpiles, economic concerns

Crude futures already fell by around 2 per cent the previous day.

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Calendar Spread

(Far - Near month contract)
Commodities
SPREAD (Rs)
CHART (Day)
Calendar Spread
(Far - Near month contract)
Calendar Spread means entering a long and short position on the same underlying asset futures but with different delivery months. The strategy to play with calendar spread is to understand how much premium/discount two different contracts are trading at.
Disclaimer:These Strategies are not ET recommended its a market overview.
(Near Month Futures - Spot Price)
COMMODITIES
FUTURES (Rs)
SPOT (Rs)
PREM/DISC
Calender Spread
Premium = Futures Price > Spot Price
Discount = Futures Price < Spot Price
Its relevance in derivatives market is to understand the trend whether it’s bullish or bearish. Moreover it helps arbitrageurs and hedgers to decide on cost of carry.
3171.0
2960.0
211.00
38000.0
37415.0
585.00
590.0
582.0
8.00
5750.0
5700.0
50.00
36327.0
36106.0
221.00
125.3
124.6
.70
125.3
124.6
.70
36285.0
36106.0
179.00
122.35
121.85
.50
835.6
834.6
1.00
Disclaimer:These Strategies are not ET recommended its a market overview.

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