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Tumbling Trade on the MCX: Restoring the Glory of Mentha Oil Futures
Kushankur Dey; Kriti Bardhan Gupta; Sukriti TripathiCase IVEY-W27116-EFinance, StrategyThe state of Uttar Pradesh was India’s leading producer state of mentha. The state’s small and medium-sized enterprises and trade entities were involved in the processing, distillation, crystal manufacture, and export of mentha. After 2017, there had been a deep decline in mentha oil futures trading, which wiped out liquidity and led to several market participants withdrawing from the Multi Commodity Exchange of India Limited (MCX). The MCX had l...Starting at €8.20