New Delhi, December 4 (CommoditiesControl): Mentha oil prices remained stable in key spot markets today, with limited fluctuations driven by steady demand from domestic and export buyers.
Spot Prices
- Chandausi: ₹960–₹970 per kilogram
- Barabanki: ₹945–₹955 per kilogram
Consistent buying from the pharmaceutical and FMCG sectors has kept prices steady. Export inquiries remain moderate. Adequate stocks in the domestic market are balancing demand and limiting significant price movements. Moreover, favorable weather has supported supply stability, with no major disruptions reported in growing regions.
Mentha Oil contract for DEC delivery settled at Rs 928/quintal showing an fall of Rs -1.5 over previous close of Rs 929.5/quintal,The contract moved in the range of Rs 926.6-937 for the day. Open interest increased by 6 MT to 524 MT, while trading volume increased by 16 to 79 MT.
Mentha Oil contract for JAN delivery settled at Rs 942.9/quintal showing an rise of Rs 0.2 over previous close of Rs 942.7/quintal,The contract moved in the range of Rs 940-948.7 for the day. Open interest was simillar by 0 MT to 129 MT, while trading volume increased by 11 to 15 MT.
Mentha Oil contract for FEB delivery settled at Rs 1010/quintal showing an was simillar of Rs 0 over previous close of Rs 1010/quintal,The contract moved in the range of Rs 1010-1010 for the day. Open interest was simillar by 0 MT to 0 MT, while trading volume was simillar by 0 to 0 MT.
Currently The spread between DEC and JAN contract is -14.9 Rs/quintal.
Currently The spread between JAN and FEB contract is -67.1 Rs/quintal.
Currently The spread between DEC and FEB contract is -82 Rs/quintal.
(By Commoditiescontrol Bureau; +91 98201 3018)
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