New Delhi, January 16 (Commodities Control): Mentha oil prices remained stable in the spot markets today, with Barabanki reporting a consistent rate of ₹975 per kg, unchanged from the previous day. In Chandausi, the prices ranged from ₹1,014 to ₹1,016 per kg, slightly lower than yesterday's range of ₹1,015 to ₹1,017 per kg.
The market sentiment has remained steady, with minor fluctuations in the pricing seen across different regions. With no significant changes in demand or supply conditions, traders are adopting a wait-and-watch approach in anticipation of future market movements.
Mentha Oil contract for JAN delivery settled at Rs 925.1/quintal showing an fall of Rs -1.3 over previous close of Rs 926.4/quintal,The contract moved in the range of Rs 923-926 for the day. Open interest decreased by -11 MT to 429 MT, while trading volume decreased by -21 to 20 MT.
Mentha Oil contract for FEB delivery settled at Rs 936.9/quintal showing an was simillar of Rs 0 over previous close of Rs 936.9/quintal,The contract moved in the range of Rs 934-939.9 for the day. Open interest increased by 10 MT to 76 MT, while trading volume increased by 1 to 14 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 -11.8 Rs/quintal.
Currently The spread between FEB and MAR contract is -31.1 Rs/quintal.
Currently The spread between JAN and MAR contract is -42.9 Rs/quintal
(By Commoditiescontrol Bureau: +91 9820130172)
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