New Delhi, August 1 (Commoditiescontrol) Mentha oil prices extended gains for a second session on Thursday in the physical market as demand improved from the overseas market. Futures also gained tracking firmess in the prices of mentha oil at spot. As per the trade sources, mentha oil has attracted some demand from the export front.
Mentha oil prices were quoted Rs 10 up at Rs 1010-1012 per kg in the market of Chandausi. Mentha oil prices rose Rs 8 to Rs 958 per kg in the market of Barabanki.
Mentha oil future contract for delivery in Aug was Rs 3.7 higher at Rs 980 per kg at Multi Commodity Exchange (MCX) with open interest of 733 and volume of 297.
Mentha oil future contract for delivery in Sep was Rs 9.2 up at Rs 996.5 per kg at Multi Commodity Exchange (MCX) with open interest of 164 and volume of 23.
Mentha Oil contract for JUL delivery settled at Rs 951.6/quintal showing an rise of Rs 11.6 over previous close of Rs 951.6/quintal,The contract moved in the range of Rs 940.1-955 for the day. Open interest was simillar by 0 MT to 22 MT, while trading volume decreased by -9 to 0 MT.
Mentha Oil contract for AUG delivery settled at Rs 980/quintal showing an rise of Rs 3.7 over previous close of Rs 976.3/quintal,The contract moved in the range of Rs 967.6-985.5 for the day. Open interest increased by 10 MT to 733 MT, while trading volume decreased by -21 to 297 MT.
Mentha Oil contract for SEP delivery settled at Rs 996.5/quintal showing an rise of Rs 9.2 over previous close of Rs 987.3/quintal,The contract moved in the range of Rs 984-996.5 for the day. Open interest increased by 6 MT to 164 MT, while trading volume decreased by -20 to 23 MT.
Currently The spread between JUL and AUG contract is -28.4 Rs/quintal.
Currently The spread between AUG and SEP contract is -16.5 Rs/quintal.
Currently The spread between JUL and SEP contract is -44.9 Rs/quintal.
(By Commoditiescontrol Bureau: +91 9820130172)
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