Agro Outlook
Mentha oil prices fell by 2.88 per cent to Rs 814 per kg in futures trade today as speculators indulged in profit-booking amid subdued spot demand.
Besides, adequate stocks position following increased arrivals from Chandousi in Uttar Pradesh also led to the fall.
At the Multi Commodity Exchange, mentha oil for delivery in July fell by Rs 24.20, or 2.88 per cent, to Rs 814 per kg, with a business volume of 108 lots.
Similarly, mentha oil prices for the June delivery drifted by Rs 8.90, or 1.07 per cent, to Rs 818.10 per kg, with a business turnover of 367 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot markets on subdued demand, traders said.
DAILY BUZZ
MENTHA OILMentha oil prices fell by 2.88 per cent to Rs 814 per kg in futures trade today as speculators indulged in profit-booking amid subdued spot demand.
Besides, adequate stocks position following increased arrivals from Chandousi in Uttar Pradesh also led to the fall.
At the Multi Commodity Exchange, mentha oil for delivery in July fell by Rs 24.20, or 2.88 per cent, to Rs 814 per kg, with a business volume of 108 lots.
Similarly, mentha oil prices for the June delivery drifted by Rs 8.90, or 1.07 per cent, to Rs 818.10 per kg, with a business turnover of 367 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot markets on subdued demand, traders said.
Research
Via
is a leading financial advisory provides free
tips on Indian share market like equity
tips,
stock
tips,
stock
options tips,
bullions
tips,
agro
tips,
commodity
tips,
nifty
tips,
base
metals & energy tips,
comex
tips,
international
forex tips,
domestic
forex tips,
agri
tips,
commodity
(mcx& ncdex) tips.
No comments:
Post a Comment