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Mentha oil prices rose 0.19% to Rs 853 per kg in futures trading today as speculators enlarged their positions, driven by rising domestic as well as export demand.
Besides, restricted arrivals from Chandausi in Uttar Pradesh also influenced the mentha oil.
At the Multi Commodity Exchange, mentha oil for delivery in February gained Rs 1.60, or 0.19%, to Rs 853 per kg in business turnover of 31 lots.
Likewise, the oil for delivery in January edged up by Rs 1.40, or 0.17%, to Rs 841.50 per kg in 170 lots.
Analysts said the rise in mentha oil prices at futures trade was mostly attributed rising domestic and export demand against tight supplies in the spot markets triggering speculators to enlarge positions.
