Mentha oil prices strengthened by 0.41% to Rs 873.50 per kg in futures trading today on rising demand from pharmaceutical units against less arrivals in the physical market.
At the Multi Commodity Exchange, mentha oil for delivery in June strengthened by Rs 3.60, or 0.41% to Rs 873.50 per kg, with a business turnover of 137 lots.
Likewise, the oil for delivery in July gained Rs 2.70, or 0.31% to Rs 862.60 per kg in 75 lots.
Market analysts said rising demand from pharmaceutical units in the spot market against tight arrivals from the Chandausi market in Uttar Pradesh mainly pushed up mentha oil prices at futures
trade.
