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CBOT Updates: Rice weakens on short selling

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CHICAGO (Commodity Online): US rice futures finish down as the market continues to pull back from last week's surge.


Market participants booked profits after prices neared 3-week highs on concerns about lower-than-expected plantings and inventories.


CBOT September rice falls 11 1/2c to $16.74/hundredweight, putting the week's decline at 25 1/2c.


Courtesy: CME Group

MCX GOLD.995 05 June 2012 contract was trading at Rs 28259 , up Rs. 139 . What's your view on it?
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