Mentha oil prices recovered by Rs 16.20 to Rs 900 per kg in futures trade today as traders created fresh positions, driven by pick-up in spot market demand.
Restricted arrivals in the physical market also influenced mentha oil future prices.
At the Multi Commodity Exchange, mentha oil for delivery in July gained Rs 16.20, or 1.83% to Rs 900 per kg, with a trading volume of 47 lots.
The oil prices for delivery in June edged up by Rs 9.80, or 1.09% to Rs 904.80 per kg, with a business turnover of 153 lots.
Similarly, the oil for delivery in May rose by Rs 5.30, or 0.57% to Rs 933.70 per kg, with a business volume of 356 lots.
Market analysts said fresh buying by traders following pick-up in spot demand and lower arrivals from Chandausi market in Uttar Pradesh mainly pushed up mentha oil prices at futures trade.