Mentha Oil futures traded up on MCX as speculators created fresh positions driven by rising domestic demand against tight supplies from the major producing belts. However, hopes of higher output from the major producing belts, capped some gains in mentha oil prices to some extent.
The contract for June delivery was trading at Rs 819.40, up by 0.82% or Rs 6.70 from its previous closing of Rs 812.70. The open interest of the contract stood at 3550 lots.
The contract for July delivery was trading at Rs 831.00, up by 0.87% or Rs 7.20 from its previous closing of Rs 823.80. The open interest of the contract stood at 631 lots on MCX.
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