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Mentha Oil Prices Witness Decline Amid Weak Demand and Supplies

19 Mar 2024 5:40 pm
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Mumbai, March 19 (Commoditiescontrol): Mentha oil prices experienced a downward trend on Tuesday, driven by subdued demand and supplies. Current stocks of mentha oil are reported to be negligible, and both local industry and overseas market demand remain weak.

In Chandausi market, mentha oil prices were quoted slightly lower at Rs. 1026-1028 per kilogram. Similarly, prices in the Barabanki market witnessed a decline of Rs. 5, settling at Rs. 995 per kilogram.

At the Multi Commodity Exchange (MCX), the benchmark contract of Mentha oil for delivery in March recorded a decrease of Rs. 1.4, trading at Rs. 927.10 per kilogram. The contract reported an open interest of 367 and a volume of 154.

Mentha Oil contract for MAR delivery settled at Rs 927.1/quintal showing an fall of Rs -1.4 over previous close of Rs 928.5/quintal,The contract moved in the range of Rs 925.2-933.5 for the day. Open interest decreased by -73 MT to 367 MT, while trading volume increased by 4 to 154 MT.

Mentha Oil contract for MAR delivery settled at Rs 927.1/quintal showing an fall of Rs -1.4 over previous close of Rs 928.5/quintal,The contract moved in the range of Rs 925.2-933.5 for the day. Open interest decreased by -73 MT to 367 MT, while trading volume increased by 4 to 154 MT.

Mentha Oil contract for MAR delivery settled at Rs 927.1/quintal showing an fall of Rs -1.4 over previous close of Rs 928.5/quintal,The contract moved in the range of Rs 925.2-933.5 for the day. Open interest decreased by -150 MT to 367 MT, while trading volume increased by 83 to 154 MT.

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

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

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


(By Commoditiescontrol Bureau: +91 9820130172)

       
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