Mentha oil futures up on pickup in demand

Mentha oil futures were trading higher during the morning trade in the domestic market on Wednesday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.

At the MCX mentha oil futures for May 2018 contract was trading at Rs 1267.20 per kg up by 0.05 per cent after opening at Rs 1255.60 against the previous closing price of Rs 1266.60. It touched the intra-day high of Rs 1274.90.

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Mentha oil futures dip on subdued demand

Mentha oil futures were trading lower during the morning trade in the domestic market on Thursday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market. 

Further exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.

At the MCX mentha oil futures for May 2018 contract was trading at Rs 1317.10 per kg down by 1.63 per cent after opening at Rs 1327.50 against the previous closing price of Rs 1338.90. It touched the intra-day low of Rs 1316.10.

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Mentha oil futures dip on subdued demand

Mentha oil futures were trading lower during the morning trade in the domestic market on Monday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market. 

Further exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.

At the MCX mentha oil futures for May 2018 contract was trading at Rs 1307 per kg down by 1.97 per cent after opening at Rs 1347 against the previous closing price of Rs 1333.20. It touched the intra-day low of Rs 1300.

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Mentha oil futures up on rising demand @HighLight Updates

Mentha oil futures were trading higher during the morning trade in the domestic market on Monday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. 

 

Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.

 

At the MCX mentha oil futures for May 2018 contract was trading at Rs 1339 per kg up by 2.98 per cent after opening at Rs 1309 against the previous closing price of Rs 1300.30. It touched the intra-day high of Rs 1342.

 

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