Mentha oil futures declined on MCX as speculators indulged in profit-booking amid fall in demand in the spot market. Further, increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh too influenced mentha oil prices.
The contract for May delivery was trading at Rs 838.80, down by 0.26% or Rs 2.20 from its previous closing of Rs 841.00. The open interest of the contract stood at 3036 lots.
The contract for June delivery was trading at Rs 851.00, down by 0.20% or Rs 1.70 from its previous closing of Rs 852.70. The open interest of the contract stood at 1286 lots on MCX.
No comments:
Post a Comment