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| CapitalStars Investment Adviser |
Market analysts said fresh positions built up by traders following 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 June 2018 contract was trading at Rs 1132.70 per kg up by 0.69 per cent after opening at Rs 1130.90 against the previous closing price of Rs 1124.90. It touched the intra-day high of Rs 1135.
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