New Delhi, April 25 (Commoditiescontrol): Mentha oil prices exhibited a stable to slightly downward trend in both the spot market and futures trading on Thursday. While prices experienced a decline in the Chandausi market, a steady tone prevailed elsewhere. Similarly, while the current month contract saw a decrease, the front month contract remained firm at the local bourse.
In Chandausi market, mentha oil prices were quoted Rs 4 lower at Rs 1012-1014 per kg. Conversely, prices in the Barabanki market remained flat at Rs 982 per kg.
At the Multi Commodity Exchange (MCX), mentha oil futures for delivery in April were trading Rs 3.7 lower at Rs 916 per kg, with an open interest of 116 and volume of 3. Meanwhile, the future contract for delivery in May saw a marginal increase of Re 1, trading at Rs 929.3 per kg, with an open interest of 367 and volume of 84.
Mentha Oil contract for APR delivery settled at Rs 916/quintal showing an fall of Rs -3.7 over previous close of Rs 919.7/quintal,The contract moved in the range of Rs 916-920 for the day. Open interest was simillar by 0 MT to 116 MT, while trading volume decreased by -149 to 3 MT.
Mentha Oil contract for MAY delivery settled at Rs 929.3/quintal showing an rise of Rs 1 over previous close of Rs 928.3/quintal,The contract moved in the range of Rs 924.1-939 for the day. Open interest increased by 3 MT to 367 MT, while trading volume decreased by -255 to 84 MT.
Mentha Oil contract for JUNE delivery settled at Rs 928.9/quintal showing an fall of Rs -2.9 over previous close of Rs 931.8/quintal,The contract moved in the range of Rs 926-934.9 for the day. Open interest increased by 11 MT to 257 MT, while trading volume decreased by -28 to 27 MT.
Currently The spread between APR and MAY contract is -13.3 Rs/quintal
Currently The spread between MAY and JUNE contract is 0.399999999999977 Rs/quintal.
Currently The spread between APR and JUNE contract is -12.9 Rs/quintal.
(By Commoditiescontrol Bureau: +91 9820130172)
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