Uptick in demand buoys mentha oil futures

Trading Ideas:   
Menthaoil trading range for the day is 1024.6-1073.4.
Mentha oil spot at Sambhal closed at 1133.50 per 1kg. Spot prices is up by Rs.7.00/-.
Mentha oil gained on the back of pick-up in demand at the spot market.
Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also supported.
At Sambhal market estimated market supply was at 60 Drums(1-drum=180kg), down by 40 Drums(1-drum=180kg) from previous trading day.
- See more at: http://www.investmentguruindia.com/CommoditiesReports/Cotton-trading-range-for-the-day-is-19790-20130---Kedia#sthash.VkduujcJ.dpuf
Trading Ideas:   
Menthaoil trading range for the day is 1024.6-1073.4.
Mentha oil spot at Sambhal closed at 1133.50 per 1kg. Spot prices is up by Rs.7.00/-.
Mentha oil gained on the back of pick-up in demand at the spot market.
Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also supported.
At Sambhal market estimated market supply was at 60 Drums(1-drum=180kg), down by 40 Drums(1-drum=180kg) from previous trading day.
- See more at: http://www.investmentguruindia.com/CommoditiesReports/Cotton-trading-range-for-the-day-is-19790-20130---Kedia#sthash.VkduujcJ.dpuf
Mentha oil futures were trading higher during morning trade in the domestic market on Monday as investors and speculators build up fresh bets in the agri-commodity amid rise in physical demand for mentha oil from major consuming industries in the domestic spot market.   

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At the MCX, mentha oil futures for January 2017 contract is trading at Rs 1057 per kg, up by 0.16 per cent, after opening at Rs 1055, against the previous closing price of Rs 1055.30. It touched the intra-day high of Rs 1058.50.
                  Trading Ideas
  1. Menthaoil trading range for the day is 1024.6-1073.4.
  2. Mentha oil spot at Sambhal closed at 1133.50 per 1kg. Spot prices is up by Rs.7.00/-.
  3. Mentha oil gained on the back of pick-up in demand at the spot market.
  4. Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also supported.
  5. At Sambhal market estimated market supply was at 60 Drums(1-drum=180kg), down by 40 Drums(1-drum=180kg) from previous trading day.

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