Mentha oil rebounds, up 0.6% on pick-up in demand

Pick-up in export demand helped the trade

Mentha oil futures for January rose by Rs 7.90, or 0.62%, to Rs 1,279.60 per kg in 725 lots.

At the Multi Commodity Exchange, the January contract moved up by Rs 5.80, or 0.46 per cent, to Rs 1,266.90 per kg in 228 lots.

Amid pick-up in domestic as well as export demand helped the trade.

Besides, expectations of lower output this season also influenced the sentiment to some extent.

Restricted arrivals from Chandausi in Uttar Pradesh also led to rise in mentha oil futures trade.