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

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.


Company Price Gain (%)
Coal India314.051.57
Larsen & Toubro1,122.600.73
Maruti Suzuki3,683.000.72
Reliance Inds.962.400.61
M & M1,184.350.15


Will bank shares witness a decline in the near term after RBI kept key rates unchanged?

Online Portfolio

You can create Online Portfolio here using the below button.