Business Standard

Mentha oil up on short-covering, firm demand

The January contract traded higher by Rs 6.70, or 0.45%, to Rs 1,467 per kg

Related News

continued to rise for a third straight trading session with prices rising by Rs 8.30 to Rs 1,451.30 per kg on the back of short covering and rising demand in the spot market.

Increased exports demand and reports of lower output this season, also supported the rise.

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 the Multi Commodity Exchange, December mentha oil rose by Rs 8.30, or 0.57%, to Rs 1,451.30 per kg, clocking a business volume of 826 lots.    

The January contract traded higher by Rs 6.70, or 0.45%, to Rs 1,467 per kg, with a trading volume of 270 lots.

Read more on:   
|
|

Read More

Cement prices fall again in Andhra

Cement prices in Andhra Pradesh have once again fallen steeply -- by as much as Rs 40 per bag -- in recent weeks impacting the prices in the ...

Quick Links

 

Market News

We won't stop looking at acquisitions: Siraj Chaudhry

Interview with Chairman, Cargill India

Govt to aid coffee growers in fight against pest attacks

The severity of WSB attacks has been such that many estates have resorted to uprooting arabica plants to avoid further damage

HKEx aims to expand mini contracts to more metals and coal

Hong Kong Exchanges and Clearing Ltd (HKEx) plans to expand the range of its three "mini" contracts to include more base metals as well as coal, ...

Adverse market conditions forcing closure of oilseed crushers

Refiners prefer to import crude palm oil from Malaysia and Indonesia, finding this cheaper than local crushing

Muhurat trading: Sensex gains 64 points; Nifty ends at 8015

Markets gained for the fifth straight session to end the customary 'Muhurat' trading session held to usher in Samvat 2071 on a firm note

Back to Top