Mentha oil futures trade down on ample stocks 08/05/2015

Mentha oil futures trade down on ample stocks
08/05/2015 14:39
Mentha oil futures traded lower at the domestic markets as speculators offloaded their positions amid lower demand from consuming industries in the spot market. Further, ample stocks position in the physical market too added pressure on mentha oil prices at futures trade.
At MCX, Mentha oil futures for May 2015 contract, at MCX, were trading at Rs. 922.90 per kg, down by 2.63 per cent after opening at Rs. 957 against the previous closing price of Rs. 947.80. It touched the intra-day low of Rs. 917.30 till the trading. (At 2.32 PM today).

Tight stock positions lift Mentha oil futures 29/10/2014

Tight stock positions lift Mentha oil futures
29/10/2014 15:16
Mentha oil prices rose by 1.22 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 November 2014 contract, at MCX, were trading at Rs. 479.60 per kg, up by 1.22 per cent after opening at Rs. 671.40 against the previous closing price of Rs. 671.40. It touched the intra-day high of Rs. 680 till the trading. (At 2.50 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.

Decline in supply lifts Mentha oil futures 07/10/2014

Decline in supply lifts Mentha oil futures
07/10/2014 14:33
Mentha oil prices rose by 1.34 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 October 2014 contract, at MCX, were trading at Rs. 679.70 per kg, up by 1.34 per cent after opening at Rs. 673.70 against the previous closing price of Rs. 670.70. It touched the intra-day high of Rs. 686 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.

Increased supply drags down Mentha oil futures 21/08/2014

Increased supply drags down Mentha oil futures
21/08/2014 14:43
Mentha oil prices fell by 1.05 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 August 2014 contract, at MCX, were trading at Rs. 698.10 per kg, down by 1.05 per cent after opening at Rs. 703.50 against the previous closing price of Rs. 705.50. It touched the intra-day low of Rs. 697.20 till the trading. (At 2.40 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

Low demand, increased supply drag down Mentha oil futures 06/08/2014

Low demand, increased supply drag down Mentha oil futures
06/08/2014 14:34
Mentha oil prices fell by 0.70 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 August 2014 contract, at MCX, were trading at Rs. 708.60 per kg, down by 0.70 per cent after opening at Rs. 711.10 against the previous closing price of Rs. 713.60. It touched the intra-day low of Rs. 706.20 till the trading. (At 2.35 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.

Strong demand lifts Mentha oil futures 21/07/2014

Strong demand lifts Mentha oil futures
21/07/2014 14:44
Mentha oil prices rose by 0.70 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 July 2014 contract, at MCX, were trading at Rs. 721 per kg, up by 0.70 per cent after opening at Rs. 722 against the previous closing price of Rs. 716. It touched the intra-day high of Rs. 726.30 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.

High demand lifts Mentha oil futures 16/07/2014

High demand lifts Mentha oil futures
16/07/2014 15:07
Mentha oil prices rose by 2.65 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 July 2014 contract, at MCX, were trading at Rs. 709 per kg, up by 2.65 per cent after opening at Rs. 693.40 against the previous closing price of Rs. 690.80. It touched the intra-day high of Rs. 711.50 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, higher arrivals drag down Mentha oil futures 24/06/2014

Weak demand, higher arrivals drag down Mentha oil futures
24/06/2014 14:36
Mentha oil prices fell by 1.65 per cent on Tuesday 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 June 2014 contract, at MCX, were trading at Rs. 752 per kg, down by 1.65 per cent after opening at Rs. 761.50 against the previous closing price of Rs. 764.60. It touched the intra-day low of Rs. 748.70 till the trading. (At 2.39 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.

Strong demand lifts Mentha oil futures 23/06/2014

Strong demand lifts Mentha oil futures
23/06/2014 14:38
Mentha oil prices rose by 0.29 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 June 2014 contract, at MCX, were trading at Rs. 771.20 per kg, up by 0.29 per cent after opening at Rs. 768 against the previous closing price of Rs. 769. It touched the intra-day high of Rs. 773.50 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.