Mentha Oil Futures Trade Higher On Pick-Up In Demand

Mentha oil futures traded higher on MCX as traders built up fresh positions amid pick-up in demand at spot market. Further, restricted supplies from major producing belts of Chandausi in Uttar Pradesh, too supported mentha oil prices. The contract for July delivery was trading at Rs 1040.40, up by 1.5% or Rs 15.40 from its previous closing of Rs 1025.00. The open interest of the contract stood at 793 lots.

The contract for August delivery was trading at Rs 1051.30, up by 1.41% or Rs 14.60 from its previous closing of Rs 1036.70. The open interest of the contract stood at 4143 lots on MCX.

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