Mentha oil prices traded a shade higher by 0.09 per cent to Rs 1,053 per kg in futures trade on Tuesday, as speculators created fresh positions on pick up in demand at the spot market.
At the Multi Commodity Exchange, mentha oil for current-month February traded higher by 90 paise, or 0.09 per cent, to Rs 1,053 per kg, with a business volume of single lot.
Likewise, the oil for delivery in March contract edged up by 60 paise, or 0.06 per cent to Rs 1,047.30 per kg, with a business volume of one lot.
Marketmen said fresh buying by speculators on pick up in demand in the spot market mainly led to the rise in mentha oil futures price.