MENTHA OIL
Mentha oil extended gains for the fourth straight
Tuesday, September 30, 2014
Filled Under: agri tips, base metal tips, chana tips, Commodity tips, dhaniya tips, mcx gold tips, mcx silver tips, MCX tips, Ncdex tips, Ncdex tips.
Mentha oil extended gains for the fourth straightsession with prices rising by 1.32 per cent to Rs
689.20 per kg in futures trade today.
This was largely due to tight stocks position in the physical market amid increased industrial as
well as exports demand.
At the Multi Commodity Exchange, mentha oil for delivery in October rose Rs 9, or 1.32 per cent,
to Rs 689.20 per kg, clocking a business volume of 1,268 lots.
Also, oil for delivery in September contracts traded higher by Rs 8.50, or 1.26 per cent, to Rs
678.70 per kg, with a trading volume of 587 lots.
The trading sentiment improved further as traders engaged in creating positions mostly on tight
stocks position in the spot markets against good demand from consuming industries, analysts
said.
TODAY'S COMMODITY REPORT FOR MARKET: Market News
Mentha oil extended gains for the fourth straight
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