Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is an independent commodity exchange based in India. It was established in 2003 and is based in Mumbai. It is India’s largest commodity derivatives exchange where the clearance and settlements of the exchange happens and the turnover of the exchange for quarter ended December 2017 was 12.82 trillion rupees. MCX offers options trading in gold and futures trading in non-ferrous metals, bullion, energy, and a number of agricultural commodities (mentha oil, cardamom, crude palm oil, cotton and others).
Mentha Oil
MCX Sees Record Turnover, Volumes in Gold Options
Gold Silver Reports (GSR) – MCX Sees Record Turnover, Volumes in Gold Options — Multi Commodity Exchange of India Ltd (MCX) witnessed a record turnover and volume of Rs 2,021 crore and 6443 kilograms (kg) respectively on Tuesday in gold options contract, according to a release issued by the exchange.
MCX Mentha Oil Tips – Target 2150 Very Very Soon – Multi Commodity Exchange India
Gold Silver Reports – Mentha oil price are firming up following strong demand from the domestic and overseas markets as supply of synthetic menthol from the world’s biggest supplier has slowed down and as demand from oral care, pharmaceutical and confectionary sectors continue to remain high.
Turmeric Futures is expected to trade with an upside
Gold Silver Reports — Turmeric futures (July) is expected to trade with an upside bias & there is possibility that it can test 8300-8350 levels. Spot turmeric prices increased at Erode markets as some traders have received a few upcountry orders. Of the 5,000 bags arrived for sale, traders purchased all the medium and fine variety turmeric.
Mentha Oil Trading Intraday Range 878 to 916
Gold Silver Reports ~ Mentha oil on MCX settled down by -0.8% at 895.6 driven by subdued demand from consuming industries at spot market.