Login ID:
Password:
Partner Login
Contact Us : 7066511911

Spot Mentha Moves Lower On Limited Demand, Adequate Supply

18 Jun 2019 8:25 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
NEW DELHI (Commoditiescontrol) - Spot mentha oil prices moved lower at key markets of Uttar Pradesh on Tuesday due to limited demand amid adequate supplies from key producing regions.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,455/kg, Rs 1,460 and Rs 1,440, respectively.

While, at the Multi Commodity Exchange (MCX), mentha oil for delivery in June settled lower by Rs 13.90 or 1.03 percent at Rs 1,336 per kg.

As per trade sources, prices may see further weakness in the days to come as production of mentha oil is expected to rise to 48,000-50,000 tonnes in 2019 from 33,000-35,000 tonnes last year.

India is the largest producer and exporter of mentha oil and its derivatives.

(By Commoditiescontrol Bureau)

       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Market Wise Chana Arrivals: Supply Down -4.72% Against ...
Sudan/Burma/Russia Kabuli Chana Moves Higher In Mumbai
Tur Close Higher In Kanpur Amid No Sellers Active
Imported Chana Settles Firm In Mumbai
Nafed Sale Detail Of 1260 MT Moong (Kharif-2017) In Raj...
more
Top 5 News
Domestic Sugar Prices Mostly Weak On Ample Supplies
Uptrend Continues In Spot Pepper On Supply Squeeze
Market Wise Chana Arrivals: Supply Down -4.72% Against ...
Sudan/Burma/Russia Kabuli Chana Moves Higher In Mumbai
Maharashtra Sugar Mill Prices – 23 July 2019.
Top 5 Special Reports
Stock Position At JNPT Of Veg Oil (Edible Grade) On 22....
U.S. Dollar Index—Consolidating Within a Triangle Patte...
USD/INR—A Close Above 69.50 Confirms a Trend Reversal
USD/IDR—Consolidating Near 52-Wk Lows / Reiterate Beari...
USD/BRL—Reiterate Bearish Stance / More Weakness May Li...
Copyright © CC Commodity Info Services LLP. All rights reserved.