Last Updated : February 13, 2012 16:31
MCX mentha oil slumps 2.17% on selling pressure
MUMBAI (Commodity Online): Mentha oil futures fell Monday on selling pressure by the traders on the back of subdued demand in the domestic market.
In MCX mentha oil February contract is trading at Rs.1544.40 per quintal, down by 2.17 per cent on 16:25 IST against the previous close.
In the morning session the contract traded at a range of Rs.1591.60-1538.30 per Kg. Open interest of the contract is 4181 lots and volume traded is 6692 lots for the time being.
The trend is likely to remain volatile in the short term as the higher levels too have not been sustainable. But medium term sentiments look positive on an expected pick up in demand in coming week.
NCDEX GUARGUMJODHPURJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
