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Spot Mentha Remains Mostly Steady In Absence Of Cues From Futures

12 Nov 2019 8:50 pm
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NEW DELHI (Commoditiescontrol) - Spot mentha oil prices remained mostly steady at key markets of Uttar Pradesh on Tuesday amid limited trade in the absence of cues from futures.

Multi Commodity Exchange (MCX) remained closed for the morning trade today on account of Guru Nanak Jayanti.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,370/kg, Rs 1,375 and Rs 1,345, respectively.

As per traders, demand from consuming industries may improve ahead with start of the winter season. However, expectations of higher acreage in the forthcoming season will limit the upside move.


       
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