Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Menthol prices rise on high demand

Jan 28 2013, 15:05 IST
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SummaryMenthol prices rose by Rs 5 per kg in the national capital today.

Menthol prices rose by Rs 5 per kg in the national capital today on increased demand from pharmaceutical units, amid paucity of stocks.

Menthol bold crystal, menthol flake and mentha oil prices rose by Rs 5 each to conclude at Rs 1,580, Rs 1,515 and Rs 1,475 per kg, respectively.

Traders said increased demand from pharmaceutical units and other consuming industries against restricted arrivals from producing belts in Uttar Pradesh, mainly pushed up menthol prices in the wholesale chemical market here.

The following are today's quotations: Ammonium chloride (50 kg) Rs 1,000-2,200, Acetic acid (1 kg) Rs 44-50, Ammonia bicarb (25 kg) Rs 400-675, Boric acid

technical (50 kg) Rs 5,200-6,000, Borex granular (50 kg) Rs 2,400-2,800.

Caustic soda flake (50 kg) Rs 1,950--2,100, Citric acid (50 kg) (China) Rs 3,000-3,200, Citric acid deshi (50 kg) Rs 3,000-3,300, Camphor slab (1 kg) Rs 370, Camphor powder (1kg) Rs 320, Glycerine (1 kg) Rs 150-320, Hexamine (1kg) Rs

95, Hydrogen peroxide (1 kg) Rs 36-50, menthol bold crystal (per kg) Rs 1,580, menthol flake (1 kg) Rs 1,515 and mentha oil (1kg) Rs 1,475.

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