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Commodity Watch

16 Sep | 01:51AM
FUTURES PRICE

(Near month contract prices)
SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4

SBI shelves IPO plans for general insurance arm; card JV to hit market in Q4

Investor interest for its cards business is very high, and SBI Card listing will happen in the March quarter, Rajnish Kumar said.

Gold faces third weekly fall on upbeat shares, yields

Gold faces third weekly fall on upbeat shares, yields

Spot gold fell 0.2% to $1,495.41 per ounce at 11:00 a.m. EDT (1500 GMT), and has fallen about 0.7% for the week so far.

Oil slips as demand concern contends with US-China trade hopes

Oil slips as demand concern contends with US-China trade hopes

Brent crude futures fell 28 cents to $60.10 a barrel by 11:24 a.m. EDT (1524 GMT).

Gold rises Rs 70 to Rs 38,695 per 10 gm

Gold rises Rs 70 to Rs 38,695 per 10 gm

Silver prices also witnessed a gain of Rs 172 to Rs 48,400 per kilogram.

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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.
1036
Graph
635
Graph
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.
1243.4
916.7
326.70
3769.0
2960.0
809.00
45815.0
37733.0
8082.00
186.3
165.2
21.10
553.0
491.3
61.70
613.0
558.8
54.20
30065.0
27636.0
2429.00
459.65
440.5
19.15
5690.0
5611.0
79.00
36000.0
35750.0
250.00
Disclaimer:These Strategies are not ET recommended its a market overview.

Hot/Cold Contract

 
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Gold faces third weekly fall on upbeat shares, yields
Spot gold fell 0.2% to $1,495.41 per ounce at 11:00 a.m. EDT (1500 GMT), and has fallen about 0.7% for the week so far.
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Mentha oil futures decline on weak spot demand
Mentha has formed a ‘bearish’ candle while August futures are consolidating in the Rs 1,290-1,315 range.

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