 "Mentha oil rises by 1.2% on higher domestic demand")
Mentha oil prices rose by 1.19% to Rs 857.10 per kg in futures trade today on the back of increased demand from domestic and overseas markets.
At the Multi Commodity Exchange, mentha oil for delivery in April rose by Rs 10.10, or 1.19%, to Rs 857.10 per kg, clocking a business volume of 183 lots.
The oil for March contracts traded higher by Rs 9.40, or 1.12%, to Rs 846.70 per kg, with a trading volume of 559 lots.
Thin supplies from Chanduasi in Uttar Pradesh also helped in augmenting prices of mentha futures.
At the Multi Commodity Exchange, mentha oil for delivery in April rose by Rs 10.10, or 1.19%, to Rs 857.10 per kg, clocking a business volume of 183 lots.
The oil for March contracts traded higher by Rs 9.40, or 1.12%, to Rs 846.70 per kg, with a trading volume of 559 lots.
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Analysts said speculators created fresh positions on higher domestic as well as exports demand in spot market.
Thin supplies from Chanduasi in Uttar Pradesh also helped in augmenting prices of mentha futures.