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Mentha oil futures up 0.2% on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:40 AM IST

Amid fresh demand from pharma units and restricted arrivals from producing region, mentha oil prices rose by Rs 2.70, or 0.20 per cent, to Rs 1,329.40 per kg in futures trade today.

At the Multi Commodity Exchange, October mentha oil gained Rs 2.70, or 0.20 per cent, to Rs 1,329.40 per kg, with a business turnover of 362 lots.

The November contract edged up by Rs 2.10, or 0.16 per cent, to Rs 1,337.70 per kg, with a trade volume of 115 lots.

Market anlysts said fresh demand from pharmaceutical units in the spot market and less arrivals from Chandousi in Uttar Pradesh mainly pushed up mentha oil prices at futures trade.

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First Published: Oct 17 2011 | 2:41 PM IST

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