NCDEX COMMODITY TIPS
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Supported by a pick up in industrial demand in the spot market and restricted supplies from producing regions, mentha oil prices gained 0.85 per cent to Rs 879.50 per kg in futures trade today.
At the Multi Commodity Exchange, mentha oil for delivery in August moved up by Rs 7.40, or 0.85 per cent to Rs 879.50 per kg in business turnover of 364 lots.
Similarly, the oil for delivery in September gained Rs 5.70, or 0.65 per cent to Rs 895.60 per kg in 358 lots.
Turmeric prices rose by Rs 76 to Rs 5,240 per quintal in futures market today as speculators created enlarged positions, driven by a rise in demand in the spot market against tight supplies from producing region.
At the National Commodity and Derivatives Exchange, turmeric for delivery in October rose by Rs 76, or 1.47 per cent to Rs 5,240 per quintal in an open interest of 8,900 lots.
Similarly, the spice for delivery in September rose by Rs 60, or 1.18 per cent to Rs 5,154 per quintal in 17,060 lots.
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