Mentha oil prices rose by 0.75 per cent on Thursday at the MCX due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for January 2015 were trading at Rs. 734 per kg, up by 0.75 per cent after opening at Rs. 729.10 against the previous closing price of Rs. 728.90.
It touched the intra-day high of Rs. 736.10 till the trading. Sentiment improved further as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh.
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