Mentha oil futures were trading higher during the morning
trade in the domestic market on Wednesday 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.
At the MCX, mentha oil futures for September 2017 contract was
trading at Rs 1171.10 per kg, up by 0.33 per cent, after opening at Rs
1164.60, against the previous closing price of Rs 1167.30. It touched
the intra-day high of Rs 1171.10
SELL LEAD BELOW 156.60 TGT 155.80 SL ABOVE 157.50
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