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Mentha oil up 0.8% on pick-up in spot demand

Prices went up as traders created fresh positions

Press Trust of India New Delhi
Mentha oil futures for March gained Rs 8.80, or 0.75%, to Rs 1,177.70 per kg in 524 lots.

At the Multi Commodity Exchange (MCX), the April contract also higher by Rs 7.60, or 0.64%, to Rs 1,180 per kg, with a business turnover of 113 lots.

Prices went up as traders created fresh positions driven by pick-up in spot demand.

The sentiment improved further on tight stocks positions in the physical market following restricted  arrivals from Chandausi in Uttar Pradesh.
 

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First Published: Mar 19 2013 | 2:42 PM IST

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