CAPITALSTARS MONDAY MENTHA OIL AGRI MARKET NEWS UPDATE

CapitalStars Investment Adviser

Mentha oil futures up 1.07% on increased demand

Mentha oil futures were trading higher during the morning trade in the domestic market on Monday as speculators engaged in building up positions, driven by surging demand in the spot market. Analysts said expanding of positions by participants, tracking strong demand from consuming industries in the physical market against low stocks position on fall in arrivals from Chandausi kept mentha oil prices higher at futures trade.

MCX mentha oil futures for October 2018 contract was trading at Rs 1706.10 per kg up by 1.07 per cent after opening at Rs 1701.90 against the previous closing price of Rs 1688.10. It touched the intra-day high of Rs 1711.60

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