1. Mentha oil futures edge up on firm domestic demand.
- Subjects
OPEN interest ,ECONOMIC stimulus ,DOMESTIC markets ,PETROLEUM sales & prices ,MINTS (Plants) - Abstract
Mentha oil futures edged up on MCX as speculators enlarged their positions on firm demand at domestic spot markets, in spite of rising supplies from major producing areas. Moreover, anticipations of more fiscal stimulus measures from China has also supported menthe oil prices' up-move.The contract for October delivery was trading at 924.50, up by 0.60% or Rs 5.50 from its previous closing of Rs 919.00. The open interest of the contract stood at 115 lots.The contract for November delivery was trading at 933.90, up by 0.21% or Rs 2.00 from its previous closing of Rs 931.90. The open interest of the contract stood at 525 lots on MCX. [Extracted from the article]
- Published
- 2024