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Mentha Oil Prices Show Steady Trend in Spot Market

15 Feb 2024 5:22 pm
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New Delhi, Feb 14 (Commoditiescontrol): On Wednesday, Mentha oil prices exhibited steady trend in the spot market, largely due to subdued buying activity. Market analysts have noted that the demand for mentha oil continues to remain weak, contributing to the overall stability in prices.

In Chandausi market, mentha oil prices maintained nearly flat trend, quoting at Rs 986-988 per kg. Similarly, in the Barabanki market, prices held steady at Rs 958 per kg.

Mentha Oil contract for FEB delivery settled at Rs 896.6/quintal showing an fall of Rs -2.3 over previous close of Rs 898.9/quintal,The contract moved in the range of Rs 896.1-909.8 for the day. Open interest decreased by -59 MT to 677 MT, while trading volume was simillar by 0 to 89 MT.

Mentha Oil contract for MAR delivery settled at Rs 909/quintal showing an fall of Rs -3.1 over previous close of Rs 912.1/quintal,The contract moved in the range of Rs 909-915 for the day. Open interest increased by 66 MT to 159 MT, while trading volume increased by 10 to 36 MT

Mentha Oil contract for MAR delivery settled at Rs 909/quintal showing an fall of Rs -3.1 over previous close of Rs 912.1/quintal,The contract moved in the range of Rs 909-915 for the day. Open interest increased by 66 MT to 159 MT, while trading volume increased by 10 to 36 MT.

Currently The spread between FEB and MAR contract is -12.4 Rs/quintal.

Currently The spread between MAR and MAR contract is 0 Rs/quintal.

Currently The spread between FEB and MAR contract is -12.4 Rs/quintal.


(By Commoditiescontrol Bureau: +91 9820130172)


       
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