Live Markets »News & Advice»Latest Stories»Latest Stories Details
Latest Stories Details
Back

Mentha oil gains 1.6% on spot demand

Press Trust of India/New Delhi 21 Aug 12 | 11:50 AM

Mentha oil prices rose by Rs 20.90 to Rs 1,340.90 per kg in futures trade today as speculators created fresh positions, driven by the rise in spot demand.

Restricted arrivals from the producing regions supported the uptrend.

Related Stories

    No Related Stories Found

At the Multi Commodity Exchange, mentha oil for delivery in September rose by Rs 20.90, or 1.58%, to Rs 1,340.90 per kg, with a business turnover of 212 lots.

The August contract gained Rs 19.60, or 1.50%, to Rs 1,318 per kg, with a trading volume of 516 lots.

Marketmen said fresh positions built-up by speculators following a rise in the spot market demand pushed up mentha oil futures prices.

Sensex

Company Price Gain (%)
TCS2,720.003.16
Tata Power Co.89.451.65
Wipro589.001.39
Hindalco Inds.165.151.29
Cipla628.001.25

Poll

With upbeat economic data will the Nifty top 8,500 in September?


Online Portfolio

You can create Online Portfolio here using the below button.