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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 pressureMentha 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 ordersRising export demand for mentha oil, powder and crystals has led to a 15% rise in mentha prices, a key ingredient in the pharmaceutical, co...
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