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Mentha oil gains 0.56% on industrial demand

Lower arrivals from producing belts also supported the gains

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Press Trust of India New Delhi

Mentha oil futures for January rose by Rs 8.10, or 0.56%, to Rs 1,431.70 per kg in 824 lots.

At the Multi Commodity Exchange, the February contract gained Rs 7.90, or 0.54%, to Rs 1,446.40 per kg in 80 lots.

Fresh buying by speculators, pick- up in industrial and export demand amid lower arrivals from Chandausi in Uttar Pradesh pushed up mentha oil futures.

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First Published: Jan 08 2013 | 12:45 PM IST

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