The commodities price for Mentha oil pressurized due to downtrend in the market and due to this it is showing additional margin pressure at MCX.
Commodity prices of mentha at MCX may have bearish impact on the short term traders as their is a report at MCX that it is possibilities of higher production this year.
The Commodity mentha arrivals in major mandies at MCX is near about 400 drums day. Commodity trade tips mentha is to SELL. The MCX calls for the day is:-
MCX MENTHA OIL (APRIL) Sell Below 1035.10 SL 1040 TGT 1000 R1 1055 R2 1085 S1 1000 S2 985.
Commodity prices of mentha at MCX may have bearish impact on the short term traders as their is a report at MCX that it is possibilities of higher production this year.
The Commodity mentha arrivals in major mandies at MCX is near about 400 drums day. Commodity trade tips mentha is to SELL. The MCX calls for the day is:-
MCX MENTHA OIL (APRIL) Sell Below 1035.10 SL 1040 TGT 1000 R1 1055 R2 1085 S1 1000 S2 985.
