Business Standard

Monday, January 06, 2025 | 04:35 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mentha oil futures up 0.2% on spot demand

Image

Press Trust of India New Delhi

Amid fresh demand from pharma units and restricted arrivals from producing region, mentha oil prices rose by Rs 2.70, or 0.20 per cent, to Rs 1,329.40 per kg in futures trade today.

At the Multi Commodity Exchange, October mentha oil gained Rs 2.70, or 0.20 per cent, to Rs 1,329.40 per kg, with a business turnover of 362 lots.

The November contract edged up by Rs 2.10, or 0.16 per cent, to Rs 1,337.70 per kg, with a trade volume of 115 lots.

Market anlysts said fresh demand from pharmaceutical units in the spot market and less arrivals from Chandousi in Uttar Pradesh mainly pushed up mentha oil prices at futures trade.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 17 2011 | 2:41 PM IST

Explore News