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Mentha oil rises on pick-up in spot demand

Prices rose as participants increased holdings

Press Trust of India New Delhi
Mentha oil prices rose by Rs 14.40 to Rs 937 per kg in futures trade today after participants increased holdings, tracking a firm spot as well as export demand.

At the Multi Commodity Exchange (MCX), the June contract rose by Rs 14.40, or 1.56%, to Rs 937 per kg in 659 lots.

The July contract increased by Rs 11, or 1.18%, to Rs 941.80 per kg in 59 lots.

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

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First Published: Jun 03 2013 | 3:00 PM IST

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