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25-Mar2019

Mentha oil futures trade higher on improved demand

Mentha oil futures traded higher on MCX, as speculators enlarged their positions amid improved demand from consuming industries at the domestic spot market.

The contract for March delivery was trading at Rs 1645.00, up by 1.11% or Rs 18.00 from its previous closing of Rs 1627.00. The open interest of the contract stood at 677 lots.

The contract for April delivery was trading at Rs 1584.00, up by 1.02% or Rs 16.00 from its previous closing of Rs 1568.00. The open interest of the contract stood at 310 lots on MCX.


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