Mentha oil futures rule in positive zone

NEW DELHI: Mentha oil prices hardened in the futures market on Thursday.

MCX Mentha futures firmed up by Rs 22.50, or 1.42 per cent, at Rs 1,608.80 at around 10.51 am.

Mentha oil output has been steady to lower in the past few years. But in response to decent appreciation last year, the price of farmers' sowing improved, resulting in higher production this year, said Anuj Gupta, Deputy Vice President, Research, Angel Broking.


Extracted from herb Mentha arvensis through distillation, mentha oil is an essential oil widely used for food and flavors.

Additionally, natural menthol has cooling and soothing effect on the skin and mucous membrane of the human body, making it a useful ingredient in pharmaceuticals and cosmetics industry.