Commodities throughout board starting from metals like silver, copper, zinc and aluminium to coriander, cottonseed and guar gum, witnessed decline primarily on account of weak demand on Monday.
In distinction to the decline in demand of those commodities have been gold and crude oil, which noticed an increase of their costs.
Cottonseed oil cake costs on Monday declined by Rs 53 to Rs 2,720 per quintal in futures commerce as individuals diminished their bets monitoring a weak development in spot market.
On the National Commodity and Derivatives Exchange, cottonseed oil cake for June supply fell by Rs 53 or 1.91 per cent to Rs 2,720 per quintal with an open curiosity of 4,240 heaps.
Analysts mentioned sell-off by individuals at present ranges amid subdued development in market primarily weighed on cottonseed oil cake costs.
Coriander costs on Monday fell by Rs 300 to Rs 11,120 per quintal in futures commerce as speculators diminished their publicity amid weak demand within the spot market.
Similarly aluminium costs at present fell by Rs 1.95 to Rs 213.40 per kilogram within the futures market as individuals trimmed their positions on a weak development within the spot market.
On the Multi Commodity Exchange (MCX) , aluminium for supply in June declined by Rs 1.95 or 0.91 per cent to Rs 213.40 per kg in 2,759 heaps.
Analysts mentioned reducing down of positions by individuals on easing demand from consuming industries primarily stored aluminium costs decrease.
Silver futures too dropped by Rs 174 to Rs 60,763 per kilogram as individuals diminished their bets on low demand.
On the MCX, silver contracts for July supply decreased by Rs 174 or 0.29 per cent to Rs 60,763 per kg in a enterprise turnover of 11,337 heaps.
Globally, silver was buying and selling 0.05 per cent decrease at $21.67 per ounce in New York.
Guar gum costs fell by Rs 176 to Rs 10,426 per 5 quintals within the futures market as merchants offloaded their holdings in step with a weak development in spot market.
On the National Commodity and Derivatives Exchange (NCDEX), guar gum for June supply declined by Rs 176 or 1.69 per cent to Rs 10,426 per 5 quintals in 190 heaps.
Marketmen mentioned slackness in demand in spot market and ample provides from rising areas put strain on guar gum costs.
In sharp distinction, gold costs on Monday elevated by Rs 19 to Rs 50,853 per 10 grams in futures commerce as speculators created recent positions on a agency spot demand.
On the MCX, gold contracts for August supply traded greater by Rs 19 or 0.04 per cent at Rs 50,853 per 10 grams in a enterprise turnover of 12,738 heaps.
Fresh positions constructed up by individuals led to the rise in gold costs, analysts mentioned.
Globally, gold was buying and selling 0.13 per cent greater at $1,843 per ounce in New York
However zinc costs fell by 0.58 per cent to Rs 309.55 per kilogram within the futures commerce as speculators diminished their publicity taking unfavorable cues from spot market.
On the MCX, zinc contracts for June supply traded decrease by Rs 1.80 or 0.58 per cent at Rs 309.55 per kg in 1,048 heaps.
Analysts mentioned offloading of positions by individuals, owing to slackened demand from consuming industries in bodily market primarily weighed on zinc costs.
Copper futures too fell by Rs 8.75 to Rs 732.40 per kilogram as individuals minimize their positions amid muted demand in home market.
On the MCX, copper contracts for June supply eased by Rs 8.75 or 1.18 per cent to Rs 732.40 per kg in a enterprise turnover of three,966 heaps.
Analysts mentioned trimming of positions by speculators amid muted demand in spot market primarily dragged down copper costs within the futures commerce.
Crude oil costs on Monday rose by Rs 94 to Rs 8,467 per barrel as individuals widened positions on a agency spot demand.
On the MCX, crude oil for July supply traded greater by Rs 94 or 1.12 per cent at Rs 8,467 per barrel in 3,978 heaps.
Analysts mentioned the elevating of bets by individuals stored crude oil costs greater in futures commerce.
Globally, West Texas Intermediate crude oil was up by 0.07 per cent at $109.64 per barrel, and Brent crude traded 0.06 per cent greater at $113.19 per barrel in New York.