Mentha oil prices rose Rs 5, or 0.66 per cent, to Rs 763.60 per kg in futures market today on fresh buying by traders and strong demand in the spot market.
Increased offtake by pharmaceutical units and restricted arrivals in the physical market also influenced the trading sentiment.
At the Multi Commodity Exchange, mentha oil for August contract rose by Rs 5, or 0.66 per cent, to Rs 763.60 per kg, with an open interest of 1,484 lots.
The oil for delivery in current-month June contract also gained Rs 3.40, or 0.47 per cent, to Rs 726.20 per kg, with an open interest of 1,834 lots.
Traders said increased domestic demand, against restricted arrivals from Chandousi in Uttar Pradesh mainly led to a rise in mentha oil prices at futures trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
