SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
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 ...

Recommended for you

Quick Links

Market News

Karnataka's iron ore supply to go up next financial year

About 10 mines starting production in the next few days; production likely to rise to 25 mt

HC extends stay on FTIL board's supersession for a week

Makes FMC a party in petition to restrain govt, asks ministry to reply before next hearing, a week away

FTIL seeks legal advice on police's EOW order

The company has been restrained from using its asset sale proceeds for any purpose other than legal expenses and salaries of employees

India's fuel demand likely to rise 3.3% in 2015-16

The growth in the demand for diesel, which accounts for more than 40% of refined fuel consumption in India, is set to rise 4.1% to 71.3 mt while ...

Gold up on lower shares but strong dollar weighs

Spot gold was up 0.3 per cent at $1,207.10 an ounce by 1231 GMT

 

Back to Top