New Delhi, January 17 (CommoditiesControl): Mentha oil prices in the spot market remained stable today. In Barabanki, mentha oil traded at Rs 975 per kg, while in Chandausi, prices ranged from Rs 1014 to Rs 1016 per kg. Market participants are observing steady demand, with no major fluctuations in prices today.
Mentha Oil contract for JAN delivery settled at Rs 926.6/quintal showing an rise of Rs 1.9 over previous close of Rs 924.7/quintal,The contract moved in the range of Rs 924.5-928 for the day. Open interest decreased by -70 MT to 359 MT, while trading volume increased by 60 to 80 MT.
Mentha Oil contract for FEB delivery settled at Rs 939.9/quintal showing an rise of Rs 3.4 over previous close of Rs 936.5/quintal,The contract moved in the range of Rs 936.5-939.9 for the day. Open interest increased by 47 MT to 123 MT, while trading volume increased by 56 to 70 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 -13.3 Rs/quintal.
Currently The spread between FEB and MAR contract is -28.1 Rs/quintal
Currently The spread between JAN and MAR contract is -41.4 Rs/quintal.

(By Commoditiescontrol Bureau: +91 9820130172)