Last Updated : March 16, 2010 12:57
MCX mentha oil trades with mixed note
MUMBAI (Commodity Online): Mentha oil futures traded with mixed note on the MCX counter Tuesday due to continuing profit taking at the higher level.
MCX mentha oil March contract traded at Rs 613.50 a kg, down Re 0.70.The contract had opened the day lower at Rs 614 a kg. The contract so far fluctuated between of Rs 615.30- 613.50 a kg.
MCX mentha April contract tad up Rs 0.30 at Rs 610.70 a kg. The contract traded in the range Rs 611.50- 610.50 a kg. Volumes in the March and April contracts so far have been 29 and 9 lots respectively.
Trade commodities or equities from across the globe. Join NowMarch Mentha oil future prices fell sharply by reversing the previous gains and after making a low of 610.8 it settled at 613.2 levels.
However, market is witnessing a crucial support at 609 levels sustain above the same expected to push the prices on higher note. Trading above the daily short term (10, 20) EMA suggesting an upside movements. We expect prices to trade sideways to higher bias.
MCX POTATO TARKESHWAR 13 April 2012
contract was trading at
Rs 518.4 . What's your view on it?
