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Mentha oil futures rise on improved spot demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 5:24 AM IST

Mentha oil prices rose by Rs 10.40 to Rs 919 per kg in futures trade today on pick up in domestic and export demand against restricted arrivals from the producing regions.

At the Multi Commodity Exchange counter, mentha oil for November delivery rose by Rs 10.40, or 1.14 per cent, to Rs 919 per kg, with a business turnover of one lot.

Similarly, the oil for delivery in October-month moved up by Rs 9.80, or 1.09 per cent, to Rs 907 per kg, with a turnover of two lots.

Traders said increased domestic and export demand against restricted arrivals from Chandausi in Uttar Pradesh pushed up the mentha oil prices at futures market here.

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First Published: Oct 07 2010 | 12:58 PM IST

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