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Mentha oil prices rose by 1.64% to Rs 883.50 per kg in futures trade today as traders engaged in creating positions amid good demand in spot markets from consuming industries.
At the Multi Commodity Exchange, mentha oil for delivery in September rose by Rs 14.30, or 1.64%, to Rs 883.50 per kg with a trading volume of 132 lots.
Similarly, the oil for delivery in August higher by Rs 11.30, or 1.32%, to Rs 865 per kg, with a business turnover of 369 lots.
Marketmen said a firming trend at the spot markets on rising demand against restricted supplies from producing regions mainly influenced mentha oil prices at futures trade.
