Thursday 4 December 2014

MCX MENTHA OIL & CARDEMOM RISE ON SPOT DEMAND

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Mentha oil marginally up on spot demand:->
  • Mentha oil rose by 0.28% to Rs 706 per kg in futures trading today as speculators enlarged their positions, tracking a firm trend at spot market on rising demand.
  • At the Multi Commodity Exchange, mentha oil for delivery in January next year gained Rs 2, or 0.28% to Rs 706 per kg in business turnover of 48 lots.
  • Likewise, the oil for delivery in December contract edged up by Rs 1.20, or 0.17%, to Rs 694.10 per kg in 141 lots.
Cardamom rises by 0.6% on pick-up in demand:->
Cardamom were up 0.61% to Rs 860.70 per kg in futures trade today as speculators indulged in creating fresh positions amid positive cues from spot market.
At the Multi Commodity Exchange, cardamom for delivery in January next year rose by Rs 5.20, or 0.61% to Rs 860.70 per kg in business turnover of 51 lots.
Similarly, the spice for delivery in December contract traded higher by Rs 4.30, or 0.54% to Rs 808.00 per kg in 97 lots.



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