New Delhi, July 16 (Commoditiescontrol) Mentha oil prices rebounded on Tuesday as demand gained at the lower level. The market participants were in a positive mood today. The buyers were seen as interested after the prices of mentha oil dropped considerably in past few session. The physical market witnessed increased buying activities.
Mentha oil prices were quoted Rs 7-8 higher at Rs 970-972 per kg in the market of Chandausi. Mentha oil prices were also quoted Rs 5 higher at Rs 930 per kg in the market of Barabanki today.
Mentha oil future contract for delivery in July was Rs 1.7 up at Rs 946.1 per kg at Multi Commodity Exchange (MCX) with open interest of 526 and volume of 75.
Mentha oil future contract for delivery in Aug was Rs 3.9 up at Rs 962.5 per kg at Multi Commodity Exchange (MCX) with open interest of 300 and volume of 59.
Mentha Oil contract for JUL delivery settled at Rs 946/quintal showing an rise of Rs 1.7 over previous close of Rs 944.3/quintal,The contract moved in the range of Rs 941-947.9 for the day. Open interest decreased by -2 MT to 526 MT, while trading volume decreased by -54 to 75 MT.
Mentha Oil contract for AUG delivery settled at Rs 962.5/quintal showing an rise of Rs 3.9 over previous close of Rs 958.6/quintal,The contract moved in the range of Rs 955.1-963 for the day. Open interest increased by 26 MT to 300 MT, while trading volume increased by 3 to 59 MT
Mentha Oil contract for SEP delivery settled at Rs 975/quintal showing an fall of Rs -6 over previous close of Rs 975/quintal,The contract moved in the range of Rs 975-975 for the day. Open interest was simillar by 0 MT to 32 MT, while trading volume decreased by -1 to 0 MT.
Currently The spread between JUL and AUG contract is -16.5 Rs/quintal.
Currently The spread between AUG and SEP contract is -12.5 Rs/quintal.
Currently The spread between JUL and SEP contract is -29 Rs/quintal.
(By Commoditiescontrol Bureau: +91 9820130172)
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