Menthol extends gain on increased demand
Menthol prices advanced by Rs 5 per kg at the local chemical market today due to increased offtake by pharmaceutical units.
Other chemical moved in a narrow range in scattered deals and pegged at last levels.
Traders said increased demand from pharmaceutical and other consuming industries against tight stocks position on fall in supplies from Chandausi in Uttar Pradesh, mainly kept menthol prices higher.
In the national capital, menthol crystal bold, menthol flake and mentha oil prices were higher by Rs 5 each to Rs 1,700, Rs 1,560 and Rs 1,390 per kg, respectively.
Following are today's quotations:
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