Menthaoil Trend : SELL ZONE : Mentha oil futures little changed on muted demand

Mentha oil futures little changed on muted demand
17/08/2016 10:34

Menthaoil Trend : SELL ZONE
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 Mentha oil futures were trading little changed during the morning trade in the domestic market on Wednesday as participants remained on the sidelines from building up fresh positions in the agri-commodity amid a fall in physical demand from major consuming industries for mentha oil in the domestic spot market.
Further, a fall in demand for mentha oil futures was attributed to trimming of positions by traders in the spot market, influenced prices of mentha oil at futures trade. At the MCX, mentha oil futures for August 2016 contract were trading at Rs 896.90 per kg
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