Mentha oil up in spot demand

a firming trend at the spot markets on rising spot and export demand, mainly influenced mentha oil prices at futures trade says marketmen.

Press Trust of India New Delhi
Last Updated : Jun 05 2013 | 12:56 PM IST
Mentha oil prices rose by Rs 8.80 to Rs 952.50 per kg in futures trade today after participants enlarged positions, tracking a firm spot as well as export demand.
    
At the Multi Commodity Exchange, mentha oil for delivery in July rose by Rs 8.80, or 0.93%, to Rs 952.50 per kg, with a trading volume of 43 lots.
    
The oil for delivery in June contract also increased by Rs 8.50, or 0.90%, to Rs 949.80 per kg, with a business turnover of 366 lots.
    
Marketmen said a firming trend at the spot markets on rising spot and export demand, mainly influenced mentha oil prices at futures trade.

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First Published: Jun 05 2013 | 12:52 PM IST

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