Mentha oil rose by Rs 7.50 to Rs 1,157.50 per kg in futures trade today on pick-up in demand in the spot market amid tight arrivals.
At the Multi Commodity Exchange, mentha oil for delivery in March rose by Rs 7.50, or 0.64 per cent, to Rs 1,165 per kg, with a business volume of 390 lots.
Mentha oil prices for delivery in May moved up by Rs 4.70, or 0.48 per cent, to Rs 970 per kg, with an open interest of seven lots.
Similarly, the oil for delivery in April gained Rs 2.30, or 0.21 per cent, to Rs 1,069.50 per kg, with a business turnover of 232 lots.
Market analysts attributed the rise in mentha oil futures prices to pick-up in spot demand against restricted arrivals from the producing regions.
