MCX Mentha Oil 31 Oct 2025
| Last Trade | Change | Change in % |
| 943.00 | +0.90 | +0.10% |
| High | Low | Open |
| 943.20 | 931.20 | 942.10 |
MCX Mentha Oil Intraday Live Chart
MCX Mentha Oil Historical Chart
MCX Mentha Oil
Signal - Support & Resistance
| Resistance | Support | Signal | |||
| R1 | 946.47 | S1 | 934.47 | 5 Min | Buy |
| R2 | 954.10 | S2 | 930.10 | 1 Hour | Buy |
| R3 | 958.47 | S3 | 922.47 | 1 Day | Sell |
MCX Mentha Oil
Moving Averages
| Period | MA 20 | MA 50 | MA 100 |
| 5 Minutes | 939.22 | 937.00 | 937.36 |
| 1 Hour | 941.40 | 937.92 | 937.79 |
| 1 Day | 965.59 | 971.91 | 951.48 |
| 1 Week | 942.52 | 939.34 | 932.35 |
MCX Mentha Oil
Period - High, Low & Average
| Period | High Change from Last | Low Change from Last | Average Change from Last |
| 5 Days | 950.90 -7.90 | 922.00 +21.00 | 938.50 +4.50 |
| 1 Month | 1,013.50 -70.50 | 922.00 +21.00 | 971.37 -28.37 |
| 3 Month | 1,045.50 -102.50 | 879.30 +63.70 | 955.35 -12.35 |
| 6 Month | 1,045.50 -102.50 | 879.30 +63.70 | 935.57 +7.43 |
| 1 Year | 1,045.50 -102.50 | 0.00 +943.00 | 932.58 +10.42 |
About MCX Mentha Oil
Contract Specifications of Mentha Oil
| Symbol | MENTHAOIL |
|---|---|
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday then preceding working day. |
| Trading Period | Mondays through Friday |
| Trading Session | Monday to Friday: 10.00 a.m. to 5.00 p.m. |
| Trading Unit | 360 KG (2 drums) |
| Quotation/ Base Value | 1 KG |
| Maximum Order Size | 18000 KG (100 drums) |
| Tick Size | 10 paise |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Extreme Loss Margin | Minimum 1% |
| Additional and/ or Special Margin | In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
| Settlement | Ex-Chandausi |
MCX Mentha Oil: Live Prices, Market Overview, and Trading Insights
MCX Mentha Oil refers to futures contracts for mentha oil traded on the Multi Commodity Exchange (MCX) of India, the country’s leading commodity derivatives platform. Mentha oil, an essential oil extracted from mint leaves, is widely used in pharmaceuticals, cosmetics, confectionery, and food industries. MCX Mentha Oil futures allow manufacturers, exporters, and investors to hedge price risk or speculate on future price movements.
India is the largest producer of mentha oil globally, with major production hubs in Uttar Pradesh. Consequently, MCX Mentha Oil prices are closely monitored for both domestic consumption trends and global export demand.
What Are MCX Mentha Oil Futures?
MCX Mentha Oil futures are standardized contracts representing a specified quantity of the commodity, allowing traders to manage price exposure efficiently. Key contract specifications include:
- Contract Size: 1 metric tonne per contract
- Tick Size: ?1 per kg (may vary by exchange updates)
- Settlement: Cash-settled
- Trading Hours: 9:00 AM to 11:30 PM IST
These futures reflect the balance between domestic production, export demand, and global supply of mentha oil.
Factors Influencing MCX Mentha Oil Prices
- Crop Yield and Production: Seasonal variations, climate conditions, and farming practices in major mint-producing regions directly impact supply.
- Domestic Consumption: Demand from pharmaceutical, cosmetic, and food industries drives short-term price movements.
- Export Demand: Mentha oil is a major export commodity for India. Changes in international demand affect MCX prices.
- Global Oil Prices: While mentha oil is not directly tied to crude, transportation and production costs are influenced by energy prices.
- Government Policies: Minimum support prices, export incentives, and regulatory changes affect market sentiment.
Trading MCX Mentha Oil Futures
MCX Mentha Oil futures are actively traded by both hedgers and speculators:
- Hedging: Farmers, oil processors, and exporters hedge price risks by locking in future selling prices.
- Speculation: Traders aim to profit from short-term price fluctuations influenced by crop reports, demand trends, or global export data.
- Spread Trading: Some traders pair mentha oil with other essential oil futures to exploit relative price movements.
Popular trading strategies include intraday trading based on technical indicators like RSI, MACD, and moving averages, as well as positional trading for medium-term market trends.
Historical Perspective
Mentha oil has been a significant agricultural commodity in India for decades, but organized trading on MCX began in the early 2000s. Over time:
- 2000s: Prices were primarily driven by domestic production and seasonal harvest cycles.
- 2010s: Increasing global demand and higher exports led to rising prices, while monsoon variability and crop yields created periodic volatility.
- 2020s: COVID-19 initially affected exports, causing temporary price dips. Subsequently, rising international demand and supply constraints led to a strong recovery in mentha oil futures.
Recent Update on MCX Mentha Oil
As of September 2025, MCX Mentha Oil is trading with steady gains due to:
- Stable domestic production and good crop yields in Uttar Pradesh.
- Rising global demand from pharmaceutical and confectionery sectors.
- Favorable export policies and currency trends supporting competitive pricing for Indian mentha oil.
Traders are closely monitoring seasonal crop updates and international orders to assess potential price movements in the near term.
MCX Mentha Oil vs Global Mentha Oil Markets
While MCX prices reflect domestic trading conditions, mentha oil is a globally traded commodity. India’s dominance in production means MCX prices often lead global pricing trends. International demand, weather disruptions in other producing countries, and currency fluctuations influence how MCX Mentha Oil reacts to global developments.
Outlook for MCX Mentha Oil
Given India’s position as the world’s leading producer and exporter, MCX Mentha Oil is likely to remain in demand. Price volatility will continue to be influenced by seasonal production, global demand fluctuations, and export regulations. Investors and traders can benefit from tracking both domestic crop reports and international market trends for informed decision-making.
MCX Mentha Oil Futures FAQ
Q. What are MCX Mentha Oil Futures?
A. MCX Mentha Oil Futures are futures contracts based on mentha oil, an essential oil extracted from the Mentha arvensis plant (Japanese mint) through steam distillation of its leaves. Mentha oil is a key raw material for producing menthol and other derivatives used in pharmaceuticals, confectionery, oral care products, cosmetics, and flavorings. Traded on the Multi Commodity Exchange of India (MCX), these futures serve as a benchmark for the Indian mentha oil market, primarily produced in regions like Uttar Pradesh, reflecting supply dynamics in the agricultural sector.
Q. What are MCX Mentha Oil Futures Contracts?
A. MCX Mentha Oil Futures Contracts are standardized agreements to buy or sell mentha oil at a predetermined price on a future date, traded on the MCX platform. Each contract represents 250 kg of mentha oil, with the contract value calculated as 250 times the futures price in INR per kg. These contracts are highly liquid and volatile, influenced by seasonal harvests and global demand, offering traders opportunities for profitable trades. For example, if you’re bullish on mentha oil prices due to crop shortages, you can go long on a futures contract, earning 250 INR per point increase in the price. Conversely, if bearish on oversupply, you can short the contract, profiting 250 INR per point decline.
Q. What are the trading hours for MCX Mentha Oil Futures?
A. Trading for MCX Mentha Oil Futures occurs from 9:00 a.m. to 11:30 p.m. IST (3:30 a.m. to 6:00 p.m. ET) from Monday to Friday. Unlike global 24-hour markets, MCX follows Indian market hours with a break from 11:30 p.m. to 12:00 a.m. IST for maintenance on certain days, closing early on Fridays at 11:30 p.m. IST. This schedule aligns with domestic trading sessions, providing active opportunities during Asian business hours.
Q. Why and when were MCX Mentha Oil Futures created?
A. Mentha oil production in India dates back centuries, but formalized futures trading began with the establishment of MCX in 2003 as India’s premier commodity exchange to provide hedging tools for agricultural producers and users. MCX Mentha Oil Futures were introduced in 2005 to mitigate price risks for farmers and processors amid volatile supply due to weather and exports. Designed to reflect the health of India’s mentha ecosystem—the world’s largest producer—these futures serve as a vital tool for price discovery, risk management, and gauging agricultural market sentiment.
Q. What are the risks and benefits of MCX Mentha Oil Futures trading?
A. MCX Mentha Oil Futures trading differs from traditional commodity investing and carries significant risks. The high seasonality and weather sensitivity can lead to substantial gains but also rapid losses, making it unsuitable for conservative, buy-and-hold investors. Traders who can actively monitor the market and tolerate risk may capitalize on both long and short positions, as futures allow shorting without restrictions like the uptick rule. However, without disciplined risk management, traders risk margin calls if positions move unfavorably. The benefit lies in the potential for high returns due to the leverage and liquidity of these contracts, but constant attention to market movements is essential.
Q. How can I learn MCX Mentha Oil Futures trading?
A. MCX Mentha Oil Futures are a popular choice among traders, but beginners often face challenges due to limited understanding of agricultural market dynamics and trading strategies. Success demands a robust trading plan, strict risk management, and deep market knowledge. Novice traders can accelerate their learning by joining online trading communities or live trading rooms led by experienced MCX Mentha Oil Futures traders. These platforms enable beginners to observe real-time market analysis, learn strategies suited to their risk tolerance, and gain confidence. Using simulated accounts before trading with real money can also minimize costly errors.
Q. What are other names used for MCX Mentha Oil Futures?
A. MCX Mentha Oil Futures are known by several names or aliases, including:
- Mentha Oil Futures
- MCX Mentha Futures
- Mentha Oil Contracts
- MENTHAOIL Futures (MCX ticker symbol)
- Indian Mentha Oil Derivatives