Mentha oil futures down marginally on profit-booking 30/04/2015

Mentha oil futures down marginally on profit-booking

30/04/2015 14:39

Mentha oil prices declined by 0.04 per cent to Rs 998.50 per kg in futures trading today as speculators booked profits at prevailing levels amidst fall in demand from consuming industries in the spot market. Besides, adequate stocks position in the physical market on higher supplies from producing belts put pressure on mentha oil prices. At MCX, Mentha oil futures for April 2015 contract, at MCX, were trading at Rs. 998.50 per kg, down by 0.04 per cent after opening at Rs. 1,004 against the previous closing price of Rs. 998.90. It touched the intra-day low of Rs. 991 till the trading. (At 2.45 PM today).

Traders attributed the fall in mentha oil futures to profit-booking by speculators at existing higher levels and fall in demand from consuming industries in the spot market.

About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Mentha oil futures rise 2.85% as demand picks up 29/04/2015

Mentha oil futures rise 2.85% as demand picks up
29/04/2015 14:57
Mentha oil prices moved up by 2.85 per cent to Rs 997.60 per kg in futures trade today as speculators indulged in creating fresh positions, tracking a firm trend at spot market on rising demand from consuming industries. Besides, restricted arrivals from growing region supported the upside At MCX, Mentha oil futures for April 2015 contract, at MCX, were trading at Rs. 997.60 per kg, up by 2.85 per cent after opening at Rs. 971 against the previous closing price of Rs. 970. It touched the intra-day high of Rs. 1003.80 till the trading. (At 2.45 PM today).
Traders said fresh positions built up by speculators, driven by pickup in demand from consuming industries in the spot market, mainly led to rise in mentha oil prices at futures trade.

Mentha oil gains on lower arrivals 31/03/2015

Mentha oil gains on lower arrivals
31/03/2015 13:27
Mentha oil prices rose by 1.29 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for March 2015 contract, at MCX, were trading at Rs. 831 per kg, up by 1.29 per cent after opening at Rs. 824 against the previous closing price of Rs. 820.40. It touched the intra-day high of Rs. 833 till the trading. (At 1.13 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Restricted supplies lift Mentha oil futures 30/03/2015

Restricted supplies lift Mentha oil futures
30/03/2015 14:35
Mentha oil prices rose by 0.06 per cent on Monday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts.
At MCX, Mentha oil futures for March 2015 contract, at MCX, were trading at Rs. 819.50 per kg, up by 0.06 per cent after opening at Rs. 815 against the previous closing price of Rs. 819. It touched the intra-day high of Rs. 823 till the trading. (At 2.35 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Increasing demand lifts Mentha oil futures 27/03/2015

Increasing demand lifts Mentha oil futures
27/03/2015 14:38
Mentha oil prices rose by 0.95 per cent on Friday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for March 2015 contract, at MCX, were trading at Rs. 819.90 per kg, up by 0.95 per cent after opening at Rs. 811.50 against the previous closing price of Rs. 812.20. It touched the intra-day high of Rs. 822.60 till the trading. (At 2.35 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Weak demand, increased arrivals drags down Mentha oil futures 26/03/2015

Weak demand, increased arrivals drags down Mentha oil futures
26/03/2015 15:20
Mentha oil prices fell by 1.28 per cent on Thursday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for March 2015 contract, at MCX, were trading at Rs. 15 per kg, down by 1.28 per cent after opening at Rs. 814.50 against the previous closing price of Rs. 825.60. It touched the intra-day low of Rs. 812.40 till the trading. (At 2.50 PM today).
Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Mentha oil rose on increase in demand 24/02/2015

Mentha oil rose on increase in demand
24/02/2015 13:02
Mentha oil prices rose by 0.62 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh. At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 750.90 per kg, up by 0.62 per cent after opening at Rs. 747.00 against the previous closing price of Rs. 746.30. It touched the intra-day high of Rs. 752.10 till the trading. (At 01.04 PM today).

Mentha oil declines for second straight day 20/02/2015

Mentha oil declines for second straight day
20/02/2015 13:11
Mentha oil prices fell by 0.35 per cent on Friday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 743.00 per kg, down by 0.35 per cent after opening at Rs. 745.40 against the previous closing price of Rs. 745.60. It touched the intra-day low of Rs. 742.40 till the trading. (At 01.21 PM today).

Increase in demand lifts mentha oil future 18/02/2015

Increase in demand lifts mentha oil future
18/02/2015 12:53
Mentha oil prices rose by 0.45 per cent on Wednesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 744.50 per kg, up by 0.45 per cent after opening at Rs. 740.10 against the previous closing price of Rs. 741.20. It touched the intra-day high of Rs. 744.90 till the trading. (At 12.56 PM today).

Higher arrivals drags Mentha oil futures 13/02/2015

Higher arrivals drags Mentha oil futures
13/02/2015 15:05
Mentha oil prices fell by 0.19 per cent on Friday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh.
At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 748.30 per kg, down by 0.19 per cent after opening at Rs. 748 against the previous closing price of Rs. 749.70. It touched the intra-day low of Rs. 744.50 till the trading. (At 2.45 PM today).
Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana

Mentha oil rises on upbeat demand 06/02/2015

Mentha oil rises on upbeat demand
06/02/2015 14:50
Mentha oil prices rose by 0.58 per cent on Friday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 773.20 per kg, up by 0.93 per cent after opening at Rs. 764.60 against the previous closing price of Rs. 766.10. It touched the intra-day high of Rs. 773.40 till the trading. (At 2.40 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Mentha oil rises on increase in demand 05/02/2015

Mentha oil rises on increase in demand
05/02/2015 16:10
Mentha oil prices rose by 1.96 per cent on Thursday at the Multi Commodity Exchange (MCX) as traders and speculators booked fresh position in the commodity. The sentiment weakened further due to tight stocks position in the physical market due to restricted arrivals from producing belts.
At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 768.40 per kg, up by 1.94 per cent after opening at Rs. 754.90 against the previous closing price of Rs. 753.80. It touched the intra-day high of Rs. 771.80 till the trading. (At 4.07 PM today).

Mentha oil gains on lower supplies 04/02/2015

Mentha oil gains on lower supplies
04/02/2015 14:33
Mentha oil prices rose by 0.58 per cent on Wednesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 761.50 per kg, up by 0.58 per cent after opening at Rs. 757 against the previous closing price of Rs. 757.10. It touched the intra-day high of Rs. 763.50 till the trading. (At 2.32 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Declining supplies lift Mentha oil futures 03/02/2015

Declining supplies lift Mentha oil futures
03/02/2015 14:55
Mentha oil prices rose by 0.07 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 759.30 per kg, up by 0.07 per cent after opening at Rs. 760.10 against the previous closing price of Rs. 758.80. It touched the intra-day high of Rs. 764.80 till the trading. (At 2.45 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Tight stocks lift Mentha oil futures 02/02/2015

Tight stocks lift Mentha oil futures
02/02/2015 14:44
Mentha oil prices rose by 0.54 per cent on Monday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 747.90 per kg, up by 0.54 per cent after opening at Rs. 745 against the previous closing price of Rs. 743.90. It touched the intra-day high of Rs. 749.10 till the trading. (At 2.32 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Limited supplies lift Mentha oil futures 30/01/2015

Limited supplies lift Mentha oil futures
30/01/2015 15:02
Mentha oil prices rose by 0.16 per cent on Friday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for January 2015 contract, at MCX, were trading at Rs. 731.50 per kg, up by 0.16 per cent after opening at Rs. 731 against the previous closing price of Rs. 730.30. It touched the intra-day high of Rs. 733 till the trading. (At 3.00 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Strong demand lifts Mentha oil futures 29/01/2015

Strong demand lifts Mentha oil futures
29/01/2015 14:58
Mentha oil prices rose by 0.75 per cent on Thursday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts.
At MCX, Mentha oil futures for January 2015 contract, at MCX, were trading at Rs. 734 per kg, up by 0.75 per cent after opening at Rs. 729.10 against the previous closing price of Rs. 728.90. It touched the intra-day high of Rs. 736.10 till the trading. (At 2.45 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Weak demand drags down Mentha oil futures 28/01/2015

Weak demand drags down Mentha oil futures
28/01/2015 15:07
Mentha oil prices fell by 0.60 per cent on Wednesday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for January 2015 contract, at MCX, were trading at Rs. 730.50 per kg, down by 0.60 per cent after opening at Rs. 733.40 against the previous closing price of Rs. 734.90. It touched the intra-day low of Rs. 729.30 till the trading. (At 2.45 PM today).
Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.

Lower supplies lift Mentha oil futures 27/01/2015

Lower supplies lift Mentha oil futures
27/01/2015 15:11
Mentha oil prices rose by 0.85 per cent on Tuesday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for January 2015 contract, at MCX, were trading at Rs. 732.40 per kg, up by 0.85 per cent after opening at Rs. 726.30 against the previous closing price of Rs. 726.20. It touched the intra-day high of Rs. 735.80 till the trading. (At 2.45 PM today).
Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana

Profit booking drag down Mentha oil futures 22/01/2015

Profit booking drag down Mentha oil futures
22/01/2015 15:10
Mentha oil prices fell by 0.81 per cent on Thursday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh. At MCX, Mentha oil futures for January 2015 contract, at MCX, were trading at Rs. 732.50 per kg, down by 0.81per cent after opening at Rs. 740 against the previous closing price of Rs. 738.50. It touched the intra-day low of Rs. 728.10 till the trading. (At 2.45 PM today).
Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana