Mentha oil futures take on more shine

MCX Mentha futures gained Rs 6.20, or 0.36 per cent, to Rs 1,708.20 at 11.04 am.

By ETMarkets.com | Aug 23, 2018, 12.15 PM IST

While some amount of fat is necessary in our diet, it is important to get the right kind of fats. Nuts, seeds, avocados, and oil from canola, olive, peanut contain healthy fats and oils. Saturated and trans fats, found in meat, chicken, fatty beef, lamb, pork, poultry with skin, cream, butter, cheese, etc, should be minimised as they can put your heart at risk.

NEW DELHI: Mentha oil futures ran up on Thursday.

MCX Mentha futures gained Rs 6.20, or 0.36 per cent, to Rs 1,708.20 at 11.04 am.

"Mentha oil futures (September) are expected to take support near Rs 1,635 levels and trade with an upside bias. The short-term trend is supportive in the wake of lower supply against rising demand," said SMC Global Securities in its daily report.

"Besides, farmers are holding back produce, expecting more gains ahead. There could also be chances of crop damage to a certain extent due to unfavourable weather conditions. Meanwhile, spot markets are witnessing strong demand on both domestic and overseas fronts amid restricted supplies. The export demand has been gaining momentum gradually, mainly on the back of enquiries from China and Europe," the brokerage added.

Extracted from herb Mentha arvensis through distillation, mentha oil mostly finds its way to food and flavorings.

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

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