While better coal linkage availability would provide some respite, the margins would remain significantly lower than the levels seen in FY 2021-2022, the ratings agency said in its latest report.
Commodity prices are falling in response to weakening economies, says Barratt
According to Sushil Finance, expect copper prices likely to trade volatile on the back of mixed fundamentals.
According to Sushil Finance, expect base metal prices likely to trade volatile on the back of mixed fundamentals.
Caroline Bain, Senior Commodities Economist at Capital Economics speaks to Manisha Gupta of CNBC-TV18 about the current trends in base metal commodities.
According to Sushil Finance, We expect base metal prices to trade mostly negative on the back of weak economic data from China.
In an interview with CNBC-TV18, David Lennox of Fat Prophets outlined his view on various commodities such as crude oil and base metals.
Nickel prices have corrected significantly over the past many months and now seem to have formed an immediate bottom.
Sharekhan has come out with its report on base metal. According to the research firm, Aluminium is expected to fall towards 106. However, if the level of Rs 112.20 is crossed, the metal can stretch till the level of Rs 115.
Angel Commodities has come out with its report on international commodities. The research firm expects precious metal, base metal and crude oil prices to trade on the negative note on the back of weak global market sentiments coupled with rise in worries over China‘s economic growth.
Gold prices are likely to remain in pain for the short-term, so one could look to sell gold at current levels.
Nirmal Bang has come out with its report on precious metal, base metal and Crude Oil. According to the research firm, Silver prices are likely to trade sideways from Rs 54400 to 55500. One can go long with a stop loss below Rs 54400.
Fortune Financial Services has come out with its report on base metal, precious metal, Crude Oil and Natural Gas. According to the research firm, on can buy MCX Gold February contract around Rs 30820 with a stoploss of Rs 30720 for a target of Rs 30930-31030.
Fortune Financial Servies has come out with its report on bullion. According to the research firm, MCX Gold February Contract is looking negative for the day. Market may find support near 30840 & 30750; intraday resistance can be seen near 30950 & 31060. Day traders can sell intraday on rise.
Geojit Comtrade has come out with its report on precious metal, base metal, Crude Oil and Natural Gas. According to the research firm, one can sell MCX Silver around Rs 59,900 with stoploss above Rs 60400 for a target of Rs 59300.
Fortune Financial Services has come out with its report on precious metal, base metal, Natural Gas and Crude Oil. According to the research firm, one can sell MCX Gold February future around Rs 31140 with a stoploss of Rs 31250 for a target of Rs 31040-30950.
Geojit Comtrade has come out with its report on precious metal, base metal and Crude Oil. According to the research firm, one can sell MCX Gold February future around Rs 31600 with a stop loss above Rs 31700, for a target of Rs 31400.
Nirmal Bang has come out with its report on base metal. According to the research firm, industrial metals prices are trading higher on international bourses today. Expect Lead and Aluminium prices to remain firm for the day on account of high physical premiums in major markets.
Nirmal Bang has come out with its technical report on precious metal, base metal and Crude Oil. The research firm says Gold prices are expected to bounce till Rs 31200 -31300 whereby it is expected to witness some profit taking. Prices are expected to trade within a range from Rs 30900 to 31300.
Nirmal Bang has come out with its technical report on precious metal, base metal and Crude Oil. The research firm says Gold prices are expected to bounce till 30950 -31000 whereby it is expected to witness selling pressure, one could sell on rise with a stop loss above 31130.
Nirmal Bang has come out with its technical report on precious metal, base metal and Crude Oil. According to the research firm, Crude Oil price are expected to remain under pressure till Rs 4730-4720 whereby it seems to hold. One can buy around those levels with a stop loss below Rs 4670. Prices are expected to bounce till Rs 4830.
Geojit Comtrade has come out with its report on precious metals, base metals, crude oil and natural gas. According to the research firm, one can sell Gold December future around Rs 31350 with a stoploss of above Rs 31500 for a target of Rs 31100.
Nirmal Bang has come out with its technical report on precious metal, base metal and Crude Oil. According to the research firm, Silver prices are resisting Rs 61000-61100 zone. Prices are expected to trade within the range from Rs 61000 -60000. Fresh buying recommended above 61000.
Nirmal Bang has come out with its report on base metals. The research expects base metal prices to remain weak on account of weak economic data by releases by China and a stronger US dollar against major currencies. Selling on rise is recommended for the day.
Nirmal Bang has come out with its technical report on precious metals, base metals and crude oil. According to the research firm, Nickel prices are expected to test Rs 925-930 on higher end we expect supportive buying at Rs 905 -908.