Mentha oil futures gain 0.98% as demand picks up
11/07/2019 16:40
Mentha oil futures were trading higher during the evening trade in the domestic market on Thursday as speculators raised bets amid pick-up in demand from consuming industries in the domestic spot market.

Marketmen said widening of positions by speculators due to rising demand from consuming industries in the physical markets supported the buying spree.

At the MCX, mentha oil futures for July 2019 contract is trading at Rs 1209.40 per kg, up by 0.98 per cent, after opening at Rs 1205.00, against a previous close of Rs 1197.70. It touched the intra-day high of Rs 1213.40 (at 16:40 hours).