Mentha oil up 0.1% on strong demand

Oil for delivery in November edged up by 0.08%

Press Trust of India New Delhi
Last Updated : Nov 06 2013 | 12:38 PM IST
Amid strong domestic and export demand as well as restricted arrivals from producing regions, mentha oil prices rose for the third straight session by adding 0.16% to Rs 858.50 per kg in futures trade today.

At the Multi Commodity Exchange, mentha oil for delivery in December gained Rs 1.40, or 0.16%, to Rs 858.50 per kg in business turnover of 6 lots.

Similarly, the oil for delivery in November edged up by 70 paise, or 0.08%, to Rs 846 per kg in 83 lots.

Analysts said besides strong domestic and export demand, restricted arrivals from Chandausi in Uttar Pradesh also influenced mentha oil prices at futures trade.

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First Published: Nov 06 2013 | 12:35 PM IST

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