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Mentha oil up 0.1% on strong demand

Oil for delivery in November edged up by 0.08%

Press Trust of India New Delhi
Amid strong domestic and export demand as well as restricted arrivals from producing regions, mentha oil prices rose for the third straight session by adding 0.16% to Rs 858.50 per kg in futures trade today.

At the Multi Commodity Exchange, mentha oil for delivery in December gained Rs 1.40, or 0.16%, to Rs 858.50 per kg in business turnover of 6 lots.

Similarly, the oil for delivery in November edged up by 70 paise, or 0.08%, to Rs 846 per kg in 83 lots.

Analysts said besides strong domestic and export demand, restricted arrivals from Chandausi in Uttar Pradesh also influenced mentha oil prices at futures trade.
 

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First Published: Nov 06 2013 | 12:35 PM IST

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