Mentha Oil futures traded up on MCX as speculators created fresh positions driven by strong demand at spot markets from consuming industries. Further, restricted arrivals from Chandausi in Uttar Pradesh too supported commodity prices uptrend.
The contract for June delivery was trading at Rs 777.80, up by 1.12% or Rs 8.60 from its previous closing of Rs 769.20. The open interest of the contract stood at 4161 lots.
The contract for July delivery was trading at Rs 792.00, up by 1.19% or Rs 9.30 from its previous closing of Rs 782.70. The open interest of the contract stood at 2184 lots on MCX.
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