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Mentha oil futures up on spot demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 4:14 AM IST

Mentha oil futures rose marginally to Rs 713.30 per kg today as speculators created fresh positions after a pick up in demand in spot market.

At the Multi Commodity Exchange, mentha oil for August month rose by Rs 0.30, or 0.04 per cent, to Rs 713.30 per kg with an open interest of 4,853 lots.

Similarly, the oil for delivery in September month traded higher by Rs 0.20, or 0.03 per cent, to Rs 724.30 per kg with a business turnover of 3,548 lots.
    
Marketmen said firming trend in spot markets on the back of pick up in demand helped mentha oil futures to trade slightly higher.

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First Published: Aug 04 2010 | 12:03 PM IST

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