Last Updated : February 02, 2012 10:40
CBOT Updates: Wheat settles higher
CHICAGO (Commodity Online): US wheat futures ended higher, rallying to an over 4 month high for the second consecutive day on worries about freeze damage to European wheat and Russia curbing exports.
Investors continued to favor buying wheat, as the uncertainty about lost production from winterkill in the Black Sea region and Europe as well the potential increased export demand from reduced Russian exports sparked buying, analyst say.
Added support was drawn from weakness in the U.S. dollar, a feature generating broader based commodity gains.
CBOT March wheat ended up 8 1/4c to $6.74 1/4/bushel, March KCBT wheat ended up 7c at $7.22 1/2, and March MGEX wheat ended up 9c at $8.36 3/4.
Courtesy: CME Group
MCX COPPER MINI 29 June 2012
contract was trading at
Rs 403.85 , up Rs. 5.25 . What's your view on it?
