New Delhi, March 11 (Commodities Control): Mentha oil prices witnessed a notable dip in the futures market today, primarily due to profit-booking activities, subsequently impacting the spot market as well. On Monday, prices in the futures market declined by almost Rs 10 per kilogram.
In Chandausi market, Mentha oil prices were quoted at Rs 1030-1032 per kg, reflecting a slight decrease in comparison to previous figures. Barabanki market also observed a decline, with prices slipping to Rs 1005 per kg.
The overall sentiment in the spot market reflected the downturn in prices. Despite this, the futures market took a more significant hit, with the benchmark contract for March delivery trading Rs 10.50 lower at Rs 938.7 per kg on the Multi Commodity Exchange (MCX). The contract showed an open interest of 618 and a volume of 136.
Mentha Oil contract for MAR delivery settled at Rs 938.7/quintal showing an fall of Rs -10.5 over previous close of Rs 949.2/quintal,The contract moved in the range of Rs 938-958.8 for the day. Open interest decreased by -8 MT to 618 MT, while trading volume decreased by -29 to 176 MT.
Mentha Oil contract for MAR delivery settled at Rs 938.7/quintal showing an fall of Rs -10.5 over previous close of Rs 949.2/quintal,The contract moved in the range of Rs 938-958.8 for the day. Open interest decreased by -8 MT to 618 MT, while trading volume decreased by -29 to 176 MT.
Mentha Oil contract for MAR delivery settled at Rs 938.7/quintal showing an fall of Rs -10.5 over previous close of Rs 949.2/quintal,The contract moved in the range of Rs 938-958.8 for the day. Open interest decreased by -8 MT to 618 MT, while trading volume decreased by -29 to 176 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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