Mentha Oil Futures Surge 0.80%

On Thursday morning trade of Mentha oil futures surge nearly 0.80%, investors & speculators indulged in building up fresh bets in the Agri-commodity on rise in physical demand for menthol oil from major consuming industries, traders are widening their positions in the market is led by an increase in physical demand for menthol oil, against insufficient stock position on restricted supplies from producing regions, supported Mentha oil price at futures trade in domestic spot market.

On MCX for June 2017 minute oil future are trading at Rs 884/kg up by 0.80% had an opening of Rs 875 against the previous close of Rs 877/kg and reached the intra-day high of Rs884/ kg.

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