Mentha oil futures up on surge in demand

Mentha oil futures were trading higher during the afternoon trade in the domestic market on Friday as participants build up fresh positions in the agri-commodity amid pick up in physical demand for mentha oil from major consuming industries in the domestic spot market.


At the MCX, mentha oil futures for October 2016 contract were trading at Rs 899.30 per kg, up by 1.85 per cent after opening at Rs 884.30, against the previous closing price of Rs 883. It touched the intra-day high of Rs 903.

 

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