NEW DELHI, July 24: Amid pick up in demand from consuming industries at spot markets and tight supplies from producing belts, mentha oil prices rose 0.67 per cent to Rs 930.40 per kg in futures trade today as speculators enlarged positions.
At the Multi Commodity Exchange, mentha oil for delivery in July month moved up by Rs 6.20, or 0.67 per cent to Rs 930.40 per 10 kg in business turnover of 261 lots.
Likewise, the oil for delivery in August was trading higher by Rs 5.60, or 0.60 per cent to Rs 944.40 per kg in 239 lots.
Market analysts attributed the rise in mentha oil futures to pick up in demand from consuming industries against restricted supplies from Chandausi in Uttar Pradesh. (PTI)
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