Mentha Oil futures traded up on MCX as speculators created fresh positions driven by pick-up in spot demand from consuming industries. Further, bargain buying at lower levels on the account of weak sowing progress in local mandies along with strong export demand too supported mentha oil prices uptrend.
The contract for May delivery was trading at Rs 834.80, up by 0.14% or Rs 1.20 from its previous closing of Rs 833.60. The open interest of the contract stood at 3756 lots.
The contract for June delivery was trading at Rs 843.10, up by 0.02% or Rs 0.20 from its previous closing of Rs 842.90. The open interest of the contract stood at 1006 lots on MCX.
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