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Mentha oil futures up 0.60% on increased demand

Press Trust of India  |  New Delhi 

Mentha prices rose by 0.60 per cent to Rs 1,741 per kg in futures trading today as speculators engaged in building up positions, driven by surging demand in the spot market.

At the Multi Commodity Exchange, mentha for delivery this month advanced by Rs 10.40, or 0.60 per cent to Rs 1,741 per kg in business turnover of 15 lots.

Analysts said expanding of positions by participants, tracking strong demand from consuming industries in the physical market against low stocks position on fall in arrivals from Chandausi kept mentha prices higher at futures trade.

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

First Published: Wed, October 10 2018. 11:30 IST
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