login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Mentha Oil Prices Slightly Up Amid Thin Buying Activity

19 Jun 2024 5:15 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
New Delhi, June 19 (Commoditiescontrol): Mentha oil prices experienced a slight increase in the physical market, while futures remained almost steady amid thin buying activities. Despite the limited demand from local industries, there is a gradual increase in supply and a notable demand from the overseas market.

In Chandausi, mentha oil prices rose by Rs 3, bringing the range to Rs 958-960 per kg. Similarly, in Barabanki, prices increased by Rs 2, reaching Rs 917 per kg.

In the futures market, the mentha oil contract for June delivery saw a modest rise of Rs 1.4, trading at Rs 907.8 per kg on the Multi Commodity Exchange (MCX), with an open interest of 304 and a volume of 166. Conversely, the July delivery contract saw a slight decline of Rs 0.5, settling at Rs 921 per kg, with an open interest of 264 and a volume of 111.

Mentha Oil contract for MAY delivery settled at Rs 907.8/quintal showing an rise of Rs 1.4 over previous close of Rs 906.4/quintal,The contract moved in the range of Rs 901.7-912 for the day. Open interest decreased by -44 MT to 304 MT, while trading volume decreased by -83 to 166 MT.


Mentha Oil contract for JUNE delivery settled at Rs 921/quintal showing an fall of Rs -0.5 over previous close of Rs 921.5/quintal,The contract moved in the range of Rs 919-927.2 for the day. Open interest increased by 25 MT to 264 MT, while trading volume decreased by -54 to 111 MT.

Mentha Oil contract for JUL delivery settled at Rs 932/quintal showing an rise of Rs 1 over previous close of Rs 931/quintal,The contract moved in the range of Rs 931-934.5 for the day. Open interest increased by 24 MT to 25 MT, while trading volume increased by 24 to 25 MT

Currently The spread between MAY and JUNE contract is -13.2 Rs/quintal.

Currently The spread between JUNE and JUL contract is -11 Rs/quintal.

Currently The spread between MAY and JUL contract is -24.2 Rs/quintal.


(By Commoditiescontrol Bureau: +91 9820130172)


       
  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 :  
   

Post Comment  

Latest Market Commentary
Mentha Oil Prices Rise on Improved Buying
Guar Seed and Guar Gum Prices Hold Steady
Mentha Oil Prices Decline on Slow Demand
Spot Guar Seed and Gum Prices Rise, Futures Settle Near...
Mentha Oil Prices Rebound on Strong Buying
more
Top 5 News
NCDEX Stock position of commodities at NCCL approved wa...
Malaysian Crude Palm Oil Futures Decline Amid Weakness ...
Global Market Update: Market Volatility Increases Amid...
Market Snapshot GLOBEX
Market Snapshot MCX - NCDEX
Top 5 Special Reports
Weekly: Sugar Prices Decline Amid Strong Brazilian Outp...
Weekly: Cotton Extend Loss For 7th Week; Bears Tighten ...
USDA lowers 2024-25 global soybean production estimates...
USDA revises 2024-25 global cotton ending stocks estima...
Textile Industry Pins Hopes on Upcoming Union Budget
Copyright © CC Commodity Info Services LLP. All rights reserved.