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Mentha oil futures gains 0.78% on spot demand

Press Trust of India  |  New Delhi 

prices climbed 0.78

per cent to Rs 1,712.90 per kg in futures market Thursday 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, for delivery


in December was higher by Rs 13.40, or 0.78 per cent, to Rs 1,712.90 per kg, clocking a business volume of 124 lots.

The for this month delivery was trading higher by Rs

11.50, or 0.68 per cent to Rs 1,695 per kg, with a trading

volume of 17 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

in futures trade.

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

First Published: Thu, November 29 2018. 10:50 IST
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