Menthol rises on buying support

NEW DELHI: Menthol prices rose by Rs 5 per kg in the national capital today on fresh buying support from pharmaceutical units amid paucity of stocks.

Menthol bold crystal, menthol flake and mentha oil prices rose by Rs 5 each to conclude at Rs 1,515, Rs 1,455 and Rs 1,415 per kg, respectively.

Traders said fresh buying support from pharmaceutical units and other consuming industries against restricted arrivals from producing belts in Uttar Pradesh, mainly pushed up menthol prices on the wholesale chemical market here.