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Spot Mentha Rules Stable In Limited Trade

15 Mar 2019 8:44 pm
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NEW DELHI (Commoditiescontrol) - Spot mentha oil prices ruled steady at key markets of Uttar Pradesh on Friday due to limited trading activities amid a range-bound move in futures.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,850/kg, Rs 1,855 and Rs 1,800, respectively. While, at the Multi Commodity Exchange (MCX), mentha oil for delivery in March edged higher by Rs 1 or 0.06 percent at Rs 1,693.30 per kg.

As per market source, overall sentiments are still bullish as demand from both domestic and export fronts are emerging at existing price levels. While, farmers are holding back their produce anticipating rise in prices ahead.

(By Commoditiescontrol Bureau)


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