Don’t miss the latest developments in business and finance.

Mentha oil futures up 0.37% on spot demand

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 8:04 PM IST

Mentha oil prices rebounded by Rs 3.60 to Rs 966.10 per kg in futures trade today, on fresh demand in spot demand against less arrivals.

At the Multi Commodity Exchange, mentha oil for delivery in May rose by Rs 3.60, or 0.37%, to Rs 966.10 per kg, with an open interest of a single lot.

Likewise, the oil for delivery in March gained Rs 3.20, or 0.29%, to Rs 1,125.60 per kg, with a business volume of just one lot.

Market analysts attributed the rise the in mentha oil futures prices to fresh demand in the spot market, against limited arrivals from the producing regions.

Also Read

First Published: Mar 11 2011 | 1:20 PM IST

Next Story