Mentha oil prices rose by 3.98% to Rs 1,005.80 per kg in futures trade today as traders created fresh positions, driven by pick-up in demand at spot market.
At the Multi Commodity Exchange, mentha oil for delivery in July gained by Rs 38.50, or 3.98%, to Rs 1,005.80 per kg with a trading volume of 536 lots.
Similarly, mentha oil for delivery in June rose by Rs 36.90, or 3.81%, to Rs 1,003.30 per kg, having a business turnover of 1,827 lots.
Marketmen said fresh buying by traders following pick-up in spot demand and lower arrivals from Chandausi in Uttar Pradesh mainly pushed up mentha oil prices at futures trade.
At the Multi Commodity Exchange, mentha oil for delivery in July gained by Rs 38.50, or 3.98%, to Rs 1,005.80 per kg with a trading volume of 536 lots.
Similarly, mentha oil for delivery in June rose by Rs 36.90, or 3.81%, to Rs 1,003.30 per kg, having a business turnover of 1,827 lots.
Marketmen said fresh buying by traders following pick-up in spot demand and lower arrivals from Chandausi in Uttar Pradesh mainly pushed up mentha oil prices at futures trade.