The Research Team of Commodity Tips Expert
said Mantha oil prices from the higher level were seen on Thursday as profit
booking. Mention of Mentha Oil's commodity exchange MCX on the commodity
exchange in Opening trading fell by 1.5 percent to Rs 1605 per kilogram.
The commodity market analysts Rudra
Investment say that the increase in the profits from the high level has led to
a refuse in mentha oil. According to SEBI Registerd Investment advisor Commodity Tips Expert,
the price of Mentha Oil is not ticking around the 1650 level. Mentha Oil gained
momentum in the opening trading yesterday. Because of this, the profits at the high
level have now increased. Demand for FMCG and pharmaceutical companies is still
very low.
The sale of Mentha Oil January futures
should be sold at a price of 1610-1620. In today's business, January contract
of mentha oil can show a level of Rs 1580 per kg.
Reports of productive areas have
reduced the supply of mentha oil in spot markets. Because of this, the speed
was seen. But there are no signs of further acceleration.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.