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Mentha oil rises 0.7% on pick-up in spot demand

Prices rose as participants increased holdings

Press Trust of India New Delhi
Mentha oil prices rose by Rs 6.50 to Rs 915.80 per kg in futures trade today after participants increased holdings tracking a firm spot as well as export demand.

At the Multi Commodity Exchange (MCX), the May contract rose by Rs 6.50, or 0.71%, to Rs 915.80 per kg, in 424 lots.

The June contract also increased by Rs 6, or 0.66%, to Rs 910.90 per kg in 140 lots.

Marketmen said a firming trend at the spot markets on rising spot and export demand, mainly influenced mentha oil prices at futures trade here.

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First Published: May 16 2013 | 3:02 PM IST

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