Commodities

---

29th April, 2026

1. At 4:40 p.m. IST 29th April, 2025, crude oil mini futures at MCX for 18th May delivery is trading at Rs 9786 per barrel.

2. The price is up by 3.22% today at this time.

3. One mini futures contract is of 10 barrels.

4. The contract on settlement date is settled in cash.

5. There is daily mark-to-market settlement at the end of the day.

6. Due to the stalemate on Strait of Hormuz, oil prices rose in the past two days.

7. If the Strait of Hormuz opens up then oil prices may fall.

8. If you take a BUY position on this contract, you will gain if oil prices rise.

9. If you take a SELL position on this contract then you will gain if oil prices fall. 

30th March, 2026

1. Aluminium prices are up today because of Iranian strikes on two Aluminium plants in Middle East.

2. At MCX, at 12:20 p.m. IST, 30th March, Aluminium Futures for 30th April delivery are trading at Rs 353.60 , up by 3.96% today.

3. The size of 1 mini Aluminium Futures contract at MCX is of 1000 units (1000 kgs).

5. You need to have a ,margin of around Rs 32,000 to take a position in 1 contract of Aluminium mini futures.

4. If you take a BUY position in this contract, then you will gain if the price of aluminium rises further.

5. If you take a SELL position in this contract, then you will gain if the price of aluminium falls.

6. You may close your position and exit at any time before the delivery date of the contract. 

16th March, 2026

1. At 2:45 p.m. 16th March, 2026,  Crude oil mini futures at MCX , for 19th March delivery, is trading at Rs 9,255 per barrel.

2. The price of this futures contract is up by 2.14% by this time today.

3. One mini futures contract is of 10 barrels.

4. So the value of 1 contract is Rs 92,550, at this price.

5. You need an initial margin of around Rs 39,000 for taking position in 1 contract.

6. If you take a BUY position in this contract, you will gain if price of crude oil rises.

7. If you take a SELL position in this contract, you will gain if price of crude oil declines.

8. Daily mark-to-market settlement will be done.

9. Final settlement will be done in cash. 

10. At this point it looks like Israel - Iran conflict may de-escalate.

11. If de-escalation happens then price of crude oil may stop rising at the current pace. 

12th March, 2026

1. Gold mini futures at MCX for 3rd April delivery is trading at Rs 1,60,647 per 10 gram, at 10:45 p.m. IST on 12th March, 2026.

2. Price of this futures contract is down by 0.71% today, at this time.

3. Lot size of 1 contract is 10 units or 100 grams.

4. Value of 1 contract at this price is Rs 1,60,64,700.

5. Minimum amount or initial margin that you need to take position in 1 contract is around Rs 2,54,000.

6. If you take a BUY position in the contract, you will gain if price of gold increases.

7. If you take a SELL position in the contract, you will gain if price of gold declines.

8. Settlement is done daily, on mark-to-market basis.

9. Final settlement is done through delivery. 

9th March, 2026

1. At 4 p.m. 9th March, 2026, crude oil Mini futures for 19th March delivery, at MCX, is trading at Rs 9,443 per barrel. 

2. At this time, the price per barrel for this futures contract is up by 12.89% today.

3. Size of 1 mini futures contract is 10 barrels.

4. So value of 1 mini futures contract at this price is Rs 94,430.

5. You will have to deposit an initial margin of around Rs 49,000 for taking position in 1 contract.

6. If you take a BUY position in this contract, you will gain if the price of crude oil rises.

7. If you take a SELL position in this contract, you will gain if the price of crude oil falls.

8. Settlement is done in cash.

9. Crude oil prices are highly volatile at this time due to the ongoing Iran-Israel- US conflict. 

6th March, 2026

1. Natural Gas Mini Futures contract for 26th March expiry, at MCX, is up by 1.54% today , 3 p.m. IST, at Rs 277.80 per MMBtu.

2. Qatar Energy LNG, the world's biggest natural gas producer, has temporarily halted production after strikes by Iran at some of its facilities

3. One natural gas mini futures contract at MCX is of 250 MMBtu.

4. At the prevailing price, the value of 1 contract is Rs 69,450 (250*277.80). 

5. You will have to deposit an initial margin of around Rs 22,000 for taking a position in 1 futures contract.

6. Final Settlement is done in cash.

7. Daily mark-to-market settlement is done on this futures contract. 

8. If you take a BUY position on this contract, you will gain if price of natural gas rises.

9. If you take a SELL position on this contract, you will gain if the price of natural gas falls. 

2nd March, 2026

1. Price of crude oil futures contract at MCX for 19th March delivery is up by 8.44% at Rs 6,606 per barrel,  at 3:05 p.m. today.

2. Price of crude oil futures contract at MCX for 20th April delivery is up by 8.39%, at Rs 6,618 per barrel, at 3:05 p.m. today. 

19th February, 2026 :  

1. At 3:30 p.m. IST, 19th February, 2026, crude oil futures contract at MCX is trading at Rs 6005 per barrel.

2. The price of the contract has risen by 1.56% by this time, today.

3. 1 futures contract is for 100 barrels ( at this price : 6005 * 100)

4. Around 30% of this amount will be required as initial margin (30% of Rs 6,00,500) if you BUY or SELL one futures contract. You will need this much amount in your account for taking a position in this contract. 

5. The settlement  date of this contract is 19th March, 2026.

6. Daily mark - to -market settlement is done on this futures contract.

7. The contract will be settled in cash. 

8. If you take a BUY position on this contract, you will gain if the price of crude oil rises.

9. If you take a SELL position on this contract, you will gain if the price of crude oil goes down.