Mentha oil prices jump on healthy spot demand

NEW DELHI: Mentha oil jumped in the futures trade in Monday's session as speculators raised bets amid a pick-up in demand from consuming industries in the domestic spot market.

Further, tight stocks position on fall in supplies from key producing regions influenced mentha oil prices.

Around 11:55 am, MCX Mentha oil was at Rs 1,638.50 per kg, up by Rs 11.50, or 0.71 per cent.


The sentiment is bullish as demand from both domestic and export fronts are emerging at existing price levels.