Breaking News

You are here » Indian-Commodity  :  Commodities  :  Mentha Oil Futures Register Marginal Gains

18-Apr2011

Mentha Oil Futures Register Marginal Gains

Mentha Oil futures are witnessing marginal gains on the back of lower arrivals and rising export and domestic demand from the Pharmaceutical Industries. However, with the higher arrivals of new crop expected in coming months this could have some bearish impact on the commodity in the medium term.

The contract for April delivery was trading at Rs 1048.30, up by 0.19% or Rs 2.00 from its previous closing of Rs 1046.30. The open interest of the contract stood at 1161 lots.

The contract for May delivery was trading at Rs 1006.40, up by 0.63% or Rs 6.30 from its previous closing of Rs 1000.10. The open interest of the contract stood at 479 lots on MCX.

Related News

View all news

BT Cotton Seeds Businesses Targeting Earnings Of Rs 700 Crore This Season

BT Cotton seeds organizations are targeting earnings of Rs 700 cr this season as a result of a rise ......

Gold Challenges To Maintain Earlier Increases As The Problems In Europe Prolongs

Gold prices surrounded reduce on Monday because the euro solved their deficits in opposition to the ......

Copper Seems To Lengthen Uptrend As Dollar Recoils

Copper rates were able to lengthen the uptrend for 3rd instantly period on Monday, as traders proved......

Top News

View all news

Mahindra Finance raises Rs 100 crore via NCDs

Mahindra & Mahindra Financial Services' (Mahindra Finance) board has approved the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at premium,......

SCI delivers 'Nanga Parbat' LPG carrier to its buyer

Shipping Corporation of India (SCI) has given physical delivery of its one LPG carrier 'Nanga Parbat', to its buyer on 'as is where is' basis.The company, had given physical delivery of its one passenger......

Eicher Motors, VECV developing new range of electric vehicles for public transportation

Eicher Motors and VE Commercial Vehicles (VECV), a joint venture of Volvo Group India is developing a new line of products, including a complete range of electric vehicles for public transportation. The......