Menthol prices rise on buying support from pharma units
Menthol prices rose by Rs 5 per kg at the local chemical market in the national capital today on fresh buying support from pharmaceutical units amid paucity of stocks.
Firming trend at the futures market and restricted supplies in the physical market from major producing belts also supported the uptrend.
Menthol crystal bold, menthol flake and mentha oil prices were trading up by Rs 5 each to conclude at Rs 1,880, Rs 1,450 and Rs 1,310 per kg, respectively.
Traders said, increased demand from pharmaceutical and other consuming industries against restricted supplies mainly pushed up menthol prices.
Following are today's quotations:
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