Mentha oil prices rose by 0.41 per cent to Rs 1,448 per kg in futures trading today as speculators enlarged positions, taking positive cues from spot market on surging demand.
At the Multi Commodity Exchange, mentha oil for delivery in April advanced by Rs 5.90, or 0.41 per cent, to Rs 1,448 per kg in a business turnover of 80 lots.
Similarly, the oil for delivery in May gained Rs 3.30, or 0.25 per cent, to Rs 1,322 per kg in 64 lots.
Marketmen said, building of positions by participants on the back of strong demand from consuming industries in the physical market against restricted supplies from Chandausi, kept mentha oil prices higher at futures trade.
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