 "Mentha oil up 0.3% on increased demand")
Mentha oil prices rose 0.35% to Rs 810.70 per kg in futures trading today as speculators enlarged positions on increased demand from consuming industries in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in July added Rs 2.80, or 0.35%, to Rs 810.70 per kg in a business turnover of 58 lots.
Likewise, the oil for delivery in June edged up by Rs 1.80, or 0.23%, to Rs 978.10 per kg in 217 lots.
Market analysts said besides increased demand from consuming industries in the spot market, restricted arrivals from producing regions influenced mentha oil prices at futures trade.
At the Multi Commodity Exchange, mentha oil for delivery in July added Rs 2.80, or 0.35%, to Rs 810.70 per kg in a business turnover of 58 lots.
Likewise, the oil for delivery in June edged up by Rs 1.80, or 0.23%, to Rs 978.10 per kg in 217 lots.
Market analysts said besides increased demand from consuming industries in the spot market, restricted arrivals from producing regions influenced mentha oil prices at futures trade.