Showing posts with label mentha oil futures. Show all posts
Showing posts with label mentha oil futures. Show all posts

Sunday, 22 March 2015

MCX MENTHA OIL FALLS BUY 0.5% ON PROFIT-BOOKING

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Mentha oil prices declined by 0.50% to Rs 798.50 per kg in futures trading today as speculators booked profits at prevailing higher levels amidst sluggish demand from consuming industries in the spot market. Menthaoil trading range for the day is 788.1-812.9. Menthaoil spot is at 908/-. Spot market is up by Rs.3/-.
Besides, adequate stock position in the physical market on increased supplies from producing belts put pressure on mentha oil prices.
At the MCX mentha oil for delivery in March eased by Rs 4, or 0.50%, to Rs 798.50 per kg in a business turnover of 317 lots.
the oil for delivery in April shed Rs 3.20, or 0.39% to Rs 809.50 per kg in 277 lots.
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Thursday, 29 January 2015

MCX MENTHA OIL LIFTS STRONG DEMAND

agri commdity tips, free agri calls, mcx mentha oil, mentha oil futures, mentha oil trading tips, agri intradayMentha oil prices rose by 0.75 per cent on Thursday at the MCX due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for January 2015 were trading at Rs. 734 per kg, up by 0.75 per cent after opening at Rs. 729.10 against the previous closing price of Rs. 728.90.
It touched the intra-day high of Rs. 736.10 till the trading. Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.