Mentha oil prices inched up by 0.14 per cent to Rs 1,150.90 per kg in futures market today after participants raised bets amid uptick in demand from consuming industries at the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in September edged higher by Rs 1.60, or 0.14 per cent to Rs 1,150.90 per kg in a business turnover of 120 lots.
Analysts said fresh position built up by traders following improved demand from consuming industries in the physical market against restricted arrivals from producing belts mainly helped mentha oil prices to trade higher at futures trade.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.