Mentha oil up 0.3% on spot demand

Traders created fresh positions, driven by pick-up in demand from consuming industries in spot markets

Press Trust of India New Delhi
Last Updated : Oct 30 2013 | 2:29 PM IST
Mentha oil futures prices today shot up by 0.34% to Rs 835.50 per kg as traders created fresh positions, driven by pick-up in demand from consuming industries in spot markets.
 
At the Multi Commodity Exchange, mentha oil for delivery in October gained Rs 2.90, or 0.34%, to Rs 835.50 per kg, with a trading volume of 286 lots.
 
Similarly, the oil for delivery in November edged up by Rs 1.80, or 0.21%, to Rs 848.10 per kg, with a business turnover of 450 lots.
 
Marketmen said a firming trend at the spot markets amid restricted supplies from Chandausi in Uttar Pradesh mainly influenced mentha oil prices at futures trade here.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 30 2013 | 2:28 PM IST

Next Story