Mentha oil up 0.6% on spot demand

Oil for October delivery rose by 0.51%

Press Trust of India New Delhi
Last Updated : Oct 14 2013 | 1:05 PM IST
Mentha oil prices rose 0.50% to Rs 864.50 per kg in futures trade today as speculators engaged in creating positions amid firm domestic as well as export demand.

At the Multi Commodity Exchange, mentha oil for November rose by Rs 5.20, or 0.60%, to Rs 864.50 per kg, with a business volume of 42 lots.

The oil for October delivery rose by Rs 4.40 or 0.51%, to Rs 851 per kg, with a trading volume of 279 lots.

Marketmen attributed the rise in mentha oil at futures trade to pick-up in overseas and domestic demand at spot markets amid lower arrivals from Chandausi in Uttar Pradesh.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 14 2013 | 1:03 PM IST

Next Story