Mentha oil futures up 0.48% on spot demand

NEW DELHI, Nov 13:  Mentha oil futures prices today rose by 0.48 per cent to Rs 896 per kg as traders created fresh positions, driven by pick up in demand from consuming industries in spot markets.
At the Multi Commodity Exchange, mentha oil for delivery in November gained Rs 4.30, or 0.48 per cent, to Rs 896 per kg, with a trading volume of 391 lots.
Similarly, the oil for delivery in December edged up by Rs 4.30, or 0.47 per cent, to Rs 909 per kg, with a business turnover of 111 lots.
Marketmen said a firming trend at the spot markets amid restricted supplies from Chandausi in Uttar Pradesh mainly influenced mentha oil prices at futures trade here. (PTI)