 "Mentha oil up 0.4% on strong demand")
Amid strong domestic and export demand, mentha oil rose for the third-day by rising 0.43% to Rs 879.10 per kg in futures trade today as speculators enlarged positions.
At the Multi Commodity Exchange, mentha oil for delivery in May gained Rs 3.80, or 0.43% to Rs 879.10 per kg in business turnover of 43 lots.
Similarly, the oil for delivery in April traded higher by Rs 3.40, or 0.39% to Rs 867.10 per kg in 349 lots.
Besides, restricted arrivals from Chandausi in Uttar Pradesh also supported the upside.
At the Multi Commodity Exchange, mentha oil for delivery in May gained Rs 3.80, or 0.43% to Rs 879.10 per kg in business turnover of 43 lots.
Similarly, the oil for delivery in April traded higher by Rs 3.40, or 0.39% to Rs 867.10 per kg in 349 lots.
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Analysts said the rise in mentha oil prices at futures trade was mostly attributed to strong domestic and export demand.
Besides, restricted arrivals from Chandausi in Uttar Pradesh also supported the upside.