Mentha oil futures were trading higher during the morning trade in the domestic market on Monday amid a pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following a pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade. At the MCX, mentha oil futures for January 2018 contract was trading at Rs 1522 per kg, up by 1.12 percent, after opening at Rs 1518, against the previous closing price of Rs 1505.20. It touched the intra-day high of Rs 1529
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Mentha oil futures were trading higher during the morning trade in the domestic market on Monday amid a pick-up in demand at domestic spot market and restricted supplies from producing regions. Market analysts said fresh positions built up by traders following a pick-up in demand from consuming industries in the spot market against restricted supplies from Chandausi, led to the rise in mentha oil prices in futures trade. At the MCX, mentha oil futures for January 2018 contract was trading at Rs 1522 per kg, up by 1.12 percent, after opening at Rs 1518, against the previous closing price of Rs 1505.20. It touched the intra-day high of Rs 1529
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