CAPITALSTARS FRIDAY MENTHA OIL AGRI MARKET NEWS UPDATE

CapitalStars Investment Adviser

Mentha oil futures up on rising demand

Mentha oil futures were trading higher during the morning trade in the domestic market on Friday amid pick-up in demand at domestic spot market and restricted supplies from producing regions. 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.

MCX mentha oil futures for October 2018 contract was trading at Rs 1737.90 per kg up by 0.80 per cent after opening at Rs 1735.40 against the previous closing price of Rs 1724.10. It touched the intra-day high of Rs 1748.00

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