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Mentha Oil Prices Rise on Improved Buying

12 Jul 2024 5:23 pm
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New Delhi, July 12 (Commoditiescontrol) Mentha oil prices were firm in the physical markets and the futures as well on Friday amid improved buying at lower level. Prices of mentha oil rebounded in the physical market after a sharp fall witnessed in the last session. Futures were also trading in the positive zone.

Mentha oil prices were quoted at Rs 990-992 per kg in the market of Chandausi. Mentha oil prices were also quoted at Rs 935 per kg in the market of Barabanki today.

Mentha oil future contract for delivery in July was Rs 4.3 up at Rs 953.8 per kg at Multi Commodity Exchange (MCX) with open interest of 551 and volume of 280.

Mentha oil future contract for delivery in Aug was Rs 5.9 down at Rs 969.2 per kg at Multi Commodity Exchange (MCX) with open interest of 252 and volume of 97.

Mentha Oil contract for JUL delivery settled at Rs 953.8/quintal showing an rise of Rs 4.3 over previous close of Rs 949.5/quintal,The contract moved in the range of Rs 946.1-958 for the day. Open interest was simillar by 0 MT to 551 MT, while trading volume decreased by -178 to 280 Mt.

Mentha Oil contract for AUG delivery settled at Rs 969.2/quintal showing an rise of Rs 5.9 over previous close of Rs 963.3/quintal,The contract moved in the range of Rs 961.5-974.5 for the day. Open interest increased by 42 MT to 252 MT, while trading volume increased by 36 to 97 MT.

Mentha Oil contract for SEP delivery settled at Rs 980/quintal showing an fall of Rs -9.1 over previous close of Rs 989.1/quintal,The contract moved in the range of Rs 980-982 for the day. Open interest increased by 2 MT to 31 MT, while trading volume decreased by -4 to 5 MT.

Currently The spread between JUL and AUG contract is -15.4000000000001 Rs/quintal.

Currently The spread between AUG and SEP contract is -10.8 Rs/quintal.

Currently The spread between JUL and SEP contract is -26.2 Rs/quintal


(By Commoditiescontrol Bureau: +91 9820130172)


       
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