At the Multi Commodity Exchange, mentha oil for delivery in December rose by Rs 5.40, or 0.56 per cent, to Rs 965 per kg in a business turnover of 178 lots.
Likewise, the oil for delivery in January was trading higher by Rs 4.10, or 0.42 per cent to Rs 973.50 per kg in 15 lots.
Analysts said, fresh positions built up by speculators, driven by pick-up in demand from consuming industries in the spot markets against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade.