Thursday, 19 July 2018

Mentha oil futures up on rising demand

CapitalStars Investment Adviser

Mentha oil futures were trading higher during the morning trade in the domestic market on Friday amid pick-up in demand at domestic spot market and restricted supplies from producing regions.
Market analysts said fresh positions built up by traders following pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.
At the MCX mentha oil futures for July 2018 contract was trading at Rs 1590.50 per kg up by 1.18 per cent after opening at Rs 1569.30 against the previous closing price of Rs 1572. It touched the intra-day high of Rs 1591.20 .
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Tuesday, 17 July 2018

Capitalstars Update Mentha oil futures down on easing demand 18/07/2018

CapitalStars Investment Adviser

Mentha oil futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market. Further exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.
At the MCX mentha oil futures for July 2018 contract was trading at Rs 1535.50 per kg down by 2.42 per cent after opening at Rs 1550 against the previous closing price of Rs 1573.60. It touched the intra-day low of Rs 1533.10.
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Monday, 16 July 2018

Capitalstars Update Mentha oil futures down on easing demand

CapitalStars Investment Adviser

Mentha oil futures were trading lower during the morning trade in the domestic market on Tuesday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market. Further exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.
At the MCX mentha oil futures for July 2018 contract was trading at Rs 1532 per kg down by 0.47 per cent after opening at Rs 1519.90 against the previous closing price of Rs 1539.30. It touched the intra-day low of Rs 1508.
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Capitalstars Update Cardamom futures up on rising demand

CapitalStars Investment Adviser

Cardamom futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.
At the MCX, cardamom futures for August 2018 contract was trading at Rs 1095 per kg, up by 1 per cent, after opening at Rs 1114.90, against a previous close of Rs 1084.20. It touched the intra-day high of Rs 1114.90.
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Sunday, 15 July 2018

Mentha oil futures down on easing demand

CapitalStars Investment Adviser

Mentha oil futures were trading lower during the morning trade in the domestic market on Monday as investors and speculators cut down their positions in the agri-commodity amid muted physical demand for mentha oil from major consuming industries in the domestic spot market. Further exiting of bets by traders in the spot market was due to a fall in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions.
At the MCX mentha oil futures for July 2018 contract was trading at Rs 1598 per kg down by 0.34 per cent after opening at Rs 1599.90 against the previous closing price of Rs 1603.40. It touched the intra-day low of Rs 1585.
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Cardamom futures up on increasing demand

CapitalStars Investment Adviser

Cardamom futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators extended their positions in the agri-commodity amid rise in physical demand for cardamom in the domestic spot market. Further, insufficient supplies on higher physical arrivals from the major cardamom producing regions, supported the upward trend in the domestic cardamom prices.
At the MCX, cardamom futures for August 2018 contract was trading at Rs 1073.70 per kg, up by 2.99 per cent, after opening at Rs 1051.10, against a previous close of Rs 1042.50. It touched the intra-day high of Rs 1073.70.
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