Mentha oil futures were trading higher during morning trade in the domestic market on Friday as investors and speculators build up fresh bets in the agri-commodity as physical demand ticks up for mentha oil from major consuming industries in the domestic spot market. Further, widening of positions by traders in the spot market was led by upsurge in physical demand for mentha oil from consuming industries at the domestic spot market against insufficient stocks position on restricted supplies from producing regions, supported mentha oil prices at futures trade.

At the MCX, mentha oil futures for June 2017 contract is trading at Rs 888 per kg, up by 0.58 per cent, after opening at Rs 883, against a previous close of Rs 882.90. It touched the intra-day high of Rs 888.

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