Mentha oil futures up on surging demand
26/10/2017 16:15
Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.
At the MCX, mentha oil futures for October 2017 contract was trading at Rs 1281 per kg, up by 0.72 per cent, after opening at Rs 1274, against the previous closing price of Rs 1271.80. It touched the intra-day high of Rs 1284(at 16:21 hours).
26/10/2017 16:15
KEEP REFRESH FOR NEXT UPDATE
Click Below Link
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Mentha oil futures were trading higher during the evening trade in the domestic market on Thursday amid pick-up in demand at domestic spot market and restricted supplies from producing regions.Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.
At the MCX, mentha oil futures for October 2017 contract was trading at Rs 1281 per kg, up by 0.72 per cent, after opening at Rs 1274, against the previous closing price of Rs 1271.80. It touched the intra-day high of Rs 1284(at 16:21 hours).
