Mentha oil up 1% on spot demand
Oil for delivery in November edged up by 0.95%
 "Mentha oil up 1% on spot demand")
Mentha oil futures shot up by 1.03% today to Rs 684 per kg as traders created fresh positions amid pick-up in demand from consuming industries in spot markets.
At the Multi Commodity Exchange, mentha oil for delivery in October gained Rs 7, or 1.03%, to Rs 684 per kg, with a trading volume of 372 lots.
Similarly, the oil for delivery in November edged up by Rs 6.60, or 0.95%, to Rs 694.50 per kg, in a business turnover of 793 lots.
Marketmen said a firming trend at the spot markets amid restricted supplies from Chandausi in Uttar Pradesh mainly influenced mentha oil prices in futures trade here.
At the Multi Commodity Exchange, mentha oil for delivery in October gained Rs 7, or 1.03%, to Rs 684 per kg, with a trading volume of 372 lots.
Similarly, the oil for delivery in November edged up by Rs 6.60, or 0.95%, to Rs 694.50 per kg, in a business turnover of 793 lots.
Marketmen said a firming trend at the spot markets amid restricted supplies from Chandausi in Uttar Pradesh mainly influenced mentha oil prices in futures trade here.