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DEMAND FOR MENTHA OIL
Mentha oil slips on muted spot demandAround 10:30 am, MCX Mentha oil was at Rs 1,271.20 per kg, down Rs 3, or 0.24 per cent.
Mentha oil falls on weak fundamentalsThe RSI on the daily chart is still looking weak and it is placed at 33.14 level.
Mentha oil slips on muted spot demand amid ample supplyAround 11 am MCX Mentha oil traded at Rs 1,220.80 per kg, up Rs 3.10, or 0.25 per cent.
Mentha oil falls on increase in supplySpeculators are avoiding fresh long positions in mentha oil futures due to weak demand.
Mentha oil futures slip on muted demandSpeculators are avoiding fresh positions in mentha oil in the spot market.
Mentha oil futures decline on weak spot demandMentha has formed a ‘bearish’ candle while August futures are consolidating in the Rs 1,290-1,315 range.
Mentha oil prices slip on muted demandMentha oil September future is still looking weak on the daily chart and it is sustaining below the 20-day moving average on the daily char...
Mentha oil jumps on rise in spot demandMentha oil has been under pressure due to muted demand along with ample supply in key spot markets.
Mentha oil falls after a slump in spot demandAround 11:40 am, MCX Mentha oil was at Rs 1,279 per kg, down by Rs 13.70, or 1.06%.
Mentha oil climbs in futures trade on rise in spot demandAround 11:55 am, MCX Mentha oil was at Rs 1,210 per kg, up by Rs 12.30, or 1.03 per cent.
Mentha oil lacklustre on lower demand amid higher supply at spot marketAround 10:45 am, MCX Mentha oil was at Rs 1,224 per kg, up by Rs 1.40.
Mentha oil declines after a fall in spot demandMentha oil is now hovering near its previous swing low of Rs 1,220.
Mentha oil little changed; muted spot demand weigh on futures tradeAround 11:25 am, MCX Mentha oil was at Rs 1,251.50 per kg, up by Rs 4.70.
Mentha oil prices decline on lower spot demandMentha oil is expected to trade in the price range of Rs 1,525 to 1,470 for some time.
Mentha oil prices jump on healthy spot demandFurther, tight stocks position on fall in supplies from key producing regions influenced mentha oil prices.
Higher spot demand lifts Mentha oil futuresAround 10:50 am, MCX Mentha oil futures were at Rs 1,511 per kg, up by Rs 17.50, or 1.17 per cent.
Mentha oil price rise as demand improvesThe MCX Mentha oil was trading at Rs 1,669.50 per kilo.
Global demand lifts mentha oil prices; outlook bullishThe commodity has given long term price breakout on weekly chart at around Rs 1,144.
- Mentha oil futures down on supply pressure
Mentha oil for delivery in September fell by Rs 9.70, or 1.42 per cent, to Rs 671.30 per kg, with a business turnover of Rs 466 lots.
- Mentha prices rise on overseas orders
Rising export demand for mentha oil, powder and crystals has led to a 15% rise in mentha prices, a key ingredient in the pharmaceutical, co...