Mentha oil futures traded higher on MCX as speculators created fresh positions amid pick-up in demand from consuming industries at domestic spot market. Besides, tight stocks position on fall in arrivals from Chandousi in Uttar Pradesh too supported the uptrend. The contract for August delivery was trading at Rs 1187.00, up by 1.37% or Rs 16.00 from its previous closing of Rs 1171.00. The open interest of the contract stood at 557 lots.

The contract for September delivery was trading at Rs 1202.50, up by 1.39% or Rs 16.50 from its previous closing of Rs 1186.00. The open interest of the contract stood at 4660 lots on MCX.

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