Menthol rises on buying support

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

Firming trend in futures market also supported the uprend. Menthol bold crystal, menthol flake and mentha oil prices rose by Rs 5 each to Rs 1,260, Rs 1,160 and Rs 1,000 per kg, respectively.

Traders said buying support from pharmaceutical units and other consuming industries, mainly pushed up menthol prices on the wholesale chemical market here.