Daily Commodity Pointer
08th March 2021

Tracking Market
Mar 5 2021 ClosePrevCloseAbsChange
$ / Re.73.1272.760.36
Euro / $1.19121.1973-0.0061
Light Sweet Crude Oil66.3564.032.32
Gold $ / OZ-1698.601696.202.40
Silver $ / OZ-25.2625.36-0.10
$ / Yen108.25107.960.29

On Mar 8 2021
Events ETISTForecastPrev
Final Wholesale Inventories m/m10.0020.301.3%1.3%

Commodity LTPT1T2SLMarginTick
CRUDEOIL4900 4950500048501031501

  Pivot Point - Agri/Non-Agri

Brent cracks $70 for first time since pandemic began after Saudi facilities attacked
Brent crude futures jumped above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its highest in more than two years, following reports of attacks on Saudi Arabian oil facilities.
Gold recovers from 9-month low on U.S. stimulus cheer
Gold prices rose on Monday, recovering from a near nine-month low hit in the previous session, as a passage of the long awaited $1.9 trillion U.S. coronavirus relief package boosted the metal's appeal.
Dollar falls against commodity currencies but holds gains versus yen
The dollar fell against the currencies of major commodity exporters on Monday as investors increased bets on countries that will benefit from rising prices for oil, metals, and other goods.
Base Metals
Shanghai base metals were mostly higher in ?fragile? market environment
Shanghai base metals were mostly higher on Monday morning as investors reacted to last week's US jobs report that trounced expectations and fueled hopes for a faster economic recovery.
Agri Commodity
Turmeric price crosses ?10,000 a quintal at regulated markets
Arrival of fresh turmeric and increase in demand has pushed the price of turmeric to Rs.10,000 a quintal at the regulated markets here.
Exchange Turn Over :
NCDEX recorded a total turnover of Rs. 2137.28 crores, whereas MCX recorded a total traded turnover of Rs. 31295.25 Crores on 05th March 2021.
Ventura Securities Ltd.
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