You are here: Home » PTI Stories » National » News
Business Standard

Mentha oil futures gain 1.82 pc on spot demand

Press Trust of India  |  New Delhi 

Mentha prices climbed 1.82 per cent to Rs 1,570 per kg in futures market today after participants raised bets amid rise in demand from consuming industries at the spot market against restricted arrivals from producing regions.

At the Multi Commodity Exchange, mentha for delivery this month was trading higher by Rs 28.10, or 1.82 per cent, at Rs 1,570 per kg with a business volume of 564 lots.

The for August was trading higher by Rs 23.60, or 1.51 per cent, to Rs 1,584.10 per kg with a trading volume of 192 lots.

Marketmen said raising of bets by speculators, driven by surging demand from consuming industries at the spot market against restricted supplies from Chandausi, led to the rise in mentha in futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 13 2018. 12:35 IST
RECOMMENDED FOR YOU