Mentha oil on MCX settled up by 3.99% at 1525.9 due to pick up in demand from consuming industries in the domestic spot market. Furthermore, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also supported mentha oil prices uptrend.

Trading Ideas:

* Mentha Oil trading range for the day is 1449.9-1563.9.

* Mentha Oil spot at Sambhal closed at 1680.00 per 1kg. Spot prices was up by Rs.91.50/-.

* Mentha Oil gained due to pick up in demand from consuming industries in the domestic spot market.

* Furthermore, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also supported mentha oil prices.

* Stock positions of mentha in MCX accredited warehouses were around 9388 drums which is same in comparison to the previous day.

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