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05-Sep2018

Mentha oil futures trade in red on subdued demand

Mentha oil futures traded in red on MCX, as speculators trimmed their positions amid subdued demand from consuming industries at the spot market. Further, anticipation of bumper crop harvest too added pressure on mentha oil prices.

The contract for September delivery was trading at Rs 1688.00, down by 1.28% or Rs 21.80 from its previous closing of Rs 1709.80. The open interest of the contract stood at 1669 lots.

The contract for October delivery was trading at 1704.10, down by 1.46% or Rs 25.20 from its previous closing of Rs 1729.30. The open interest of the contract stood at 368 lots on MCX.


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