Mentha oil futures prices remain higher on rising demand
Sentiment improved further on lower arrivals from Chandausi in Uttar Pradesh.
At the Multi Commodity Exchange, mentha oil for delivery in November added Rs 24.10, or 1.81 per cent, to Rs 1,333.90 per kg in business turnover of 468 lots.
Similarly, the metal for delivery in the December contract traded higher by Rs 23.90, or 1.77 per cent, to Rs 1372.20 per kg in 1,008 lots.
Market analysts said, rising domestic as well as export demand in the spot market against restricted arrivals from Chandausi in Uttar Pradesh mainly kept mentha oil remainedfirm.
They said reports of lower output this season also supported the upsurge in mentha oil.
Be the first to comment.