New Delhi, January 15 (CommoditiesControl): The mentha oil market has seen stable prices in key trading hubs of Barabanki and Chandausi today.
In Barabanki, mentha oil prices are trading at Rs 975 per kg. Meanwhile, in Chandausi, prices are slightly higher, ranging between Rs 1,015 and Rs 1,017 per kg.
The market activity remains stable with consistent demand, and no significant price fluctuations have been observed in these key markets for mentha oil. The current price trend reflects a steady market with balanced supply and demand dynamics.
Mentha Oil contract for JAN delivery settled at Rs 924/quintal showing an fall of Rs -0.9 over previous close of Rs 924.9/quintal,The contract moved in the range of Rs 922.6-929.4 for the day. Open interest decreased by -15 MT to 440 MT, while trading volume decreased by -7 to 41 MT.
Mentha Oil contract for FEB delivery settled at Rs 935.6/quintal showing an fall of Rs -1.1 over previous close of Rs 936.7/quintal,The contract moved in the range of Rs 935.6-938 for the day. Open interest increased by 18 MT to 66 MT, while trading volume increased by 7 to 13 MT.
Mentha Oil contract for MAR delivery settled at Rs 968/quintal showing an was simillar of Rs 0 over previous close of Rs 968/quintal,The contract moved in the range of Rs 968-968 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 JAN and FEB contract is -11.6 Rs/quintal.
Currently The spread between FEB and MAR contract is -32.4 Rs/quintal.
Currently The spread between JAN and MAR contract is -44 Rs/quintal.
(By Commoditiescontrol Bureau: +91 9820130172)