Mentha oil rises as demand picks up
Less arrivals from Chandausi in UP supported uptrend
 "Mentha oil rises as demand picks up")
Mentha oil futures for May rose by Rs 9.50, or 1.08%, to Rs 892.40 per kg in 420 lots.
At the Multi Commodity Exchange (MCX), the June contracts traded higher by Rs 8.90, or 1.02%, to Rs 882 per kg in 101 lots.
Prices rose as speculators created fresh positions after pick-up in demand from consuming industries in the spot market.
Tight stocks availability in the physical market following less arrivals from Chandausi in Uttar Pradesh further supported the uptrend.
At the Multi Commodity Exchange (MCX), the June contracts traded higher by Rs 8.90, or 1.02%, to Rs 882 per kg in 101 lots.
Prices rose as speculators created fresh positions after pick-up in demand from consuming industries in the spot market.
Tight stocks availability in the physical market following less arrivals from Chandausi in Uttar Pradesh further supported the uptrend.