Menthol rises on buying support

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

Firming trend in futures market also supported the uptrend.

Menthol bold crystal, menthol flake and mentha oil prices rose by Rs 5 each to conclude at Rs 1,035, Rs 995 and Rs 895 per kg, respectively.

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