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MENTHA OIL RATE
Price has given a breakout from long phase of consolidation in this MCX-traded commodityFrom Mid-July-August of 2022 to the end of December price was seen consolidating in the 1030-940 range. This week’s price has given a break...- Mentha oil spikes 8% in 3 days. Is there more juice left for traders?On MCX, the June 30 mentha oil futures contract surged as much as 5.66% to touch a one-year high of Rs 1,040 per kilogram before giving up ...
- Mentha oil edges lower amid lacklustre trade. Here's what brokers suggestAjay Kedia, Managing Director at brokerage Kedia Advisory, said a likely increase in sowing has pulled mentha rates to lower levels. Howeve...
- Mentha oil logs mild gain. How to trade it this week?Ajay Kedia, Managing Director at brokerage Kedia Advisory, said buying at lower levels lifted prices of mentha oil, industry demand for whi...
- Mentha oil eases amid profit-booking; analysts suggest a 'buy'Mentha oil had climbed 0.16 per cent to settle at Rs 958.90 per kilogram in the previous session.
- MCX mentha oil jumps, analysts suggest buying at these levelsKedia recommends buying mentha oil around Rs 950 for a target of Rs 965 by the end of this week with a stop loss at Rs 940.
- Mentha oil prices outlook turns bearish on higher supplyAcreage is expected to increase in the coming season, as new areas are getting into mentha.
- 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 increase in supplySpeculators are avoiding fresh long positions in mentha oil futures due to weak demand.
- Mentha oil falls on a slump in spot demandAround 10:35 am, MCX Mentha oil was at Rs 1,240.90 per kg, down by Rs 14, or 1.12 per cent.
- Mentha oil rates hike on increased demandMentha oil prices rose 1.18 per cent in futures trade as traders created fresh positions, driven by pick up in demand from spot markets.
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