Wednesday, March 9, 2011

MCX Trading Tips>>Mentha Oil Future Trade In Green On MCX

MCX Tips
Low arrivals amidst some rise in demand supported the prices of Mentha Oil futures. The commodity was also trading high since Stockists were reportedly unwilling to sell at these low levels in the mandis and that affected the arrivals to some extent

The contract for March delivery was trading at Rs 1136.90, up by 0.52% or Rs 5.90 from its previous closing of Rs 1131.00. The open interest of the contract stood at 6114 lots.

The contract for April delivery was trading at Rs 1071.50, up by 0.61 % or Rs 6.50 from its previous closing of Rs 1065.00. The open interest of the contract stood at 1044 lots.

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