Mentha oil extends gain, up 0.64% on firm demand
- Karmakar country: Many Dipas of Tripura taking their own leap of faith
- For India in NSG, China to send main negotiator
- No Railway Budget from next financial year, Arun Jaitley accepts Suresh Prabhu's proposal
- J&K: 15 injured in Poonch blast, pilgrims said to be target
- Tavleen Singh writes: Kashmir’s violent ‘children’
Mentha oil rose by Rs 9 to Rs 1,394.70 per kg in futures trade today, extending yesterday's gains supported by domestic and export demand. Besides, reports of lower output this season also influenced prices.
At the Multi Commodity Exchange, mentha oil for delivery in January edged higher by Rs 9, or 0.64 per cent, to Rs 1,394.70 per kg, clocking a business volume of 116 lots.
The oil for December contract traded higher by Rs 8.50, or 0.61 per cent, to Rs 1,383 per kg, with a trading volume of 800 lots.
Analysts said pick-up in export and domestic demand and lower arrivals from Chandausi in Uttar Pradesh mainly pushed up mentha oil prices at futures trade.
- Indians are more free than when the British left, but less free than what the framers of our Constitution hoped us to be.
- Gujarat Dalits’ move to quit ‘menial jobs’ in protest has a precedent in UP
- Ravana in Uttar Pradesh: Nayanjot Lahiri
- PM Modi needs to move from slogans to action to transform agriculture
- Nepal: The politician-activist-donor nexus dominates the appointment of judges
- To his successor, and to the PM and the government, Dr Rajan has left valuable messages