Mentha oil prices were up by 0.18 per cent to Rs 882.60 per kg in futures trading today as traders built up fresh positions after pick up in demand from consuming industries in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in May edged up by Rs 1.60, or 0.18 per cent, to Rs 882.60 per kg in a business turnover of 1,033 lots.
Market analysts said fresh positions built up by participants due to pick up in demand from consuming industries in the spot market amid restricted supplies from Chandausi in Uttar Pradesh mainly helped mentha oil prices to trade higher at futures trade.
