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

Read more on:    Mcx | Spot Market | Mentha Oil Futures
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 .

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

Sugar exports: Industry restive over delays in subsidy revision

For February-March, the rate decided was Rs 3,300 a tonne; that for April-May was to be announced in the last week of March

Sugar output down 4%, says Isma

Indian mills had produced 1.54 mt raw sugar by the end of March and of that 850,000 tonnes was exported

Analysts' corner

India Cements' stand-alone return ratios have remained subdued over the years due to weak profitability

Jaimini Bhagwati: Are stock prices inflated?

Despite what partisan fund managers are projecting, the rise in the Indian equity market has to be evaluated carefully

Delay in fixing sugar export subsidy hitting business: ISMA

Govt had announced a subsidy of Rs 3,300 per tonne on raw sugar exports on February 28

Back to Top