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

Mentha oil gains more than 1% on strong demand

Strong export demand also supported the trade

Press Trust of India New Delhi
Last Updated : May 13 2013 | 2:27 PM IST
Mentha oil futures for May gained Rs 11.10, or 1.23%, to Rs 907.40 per kg in 336 lots.

At the Multi Commodity Exchange (MCX), the June contract edged up by Rs 9.10, or 1.02%, to Rs 893.90 per kg in 65 lots.

Prices rose as speculators enlarged their positions tracking firming spot market trend on strong export demand.

Restricted supplies from producing regions mainly influenced mentha oil prices at futures trade here.

More From This Section

First Published: May 13 2013 | 2:24 PM IST

Next Story