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04-Nov2016

Mentha oil futures trade marginally higher on MCX

Mentha oil futures traded marginally higher on MCX as speculators enlarged their positions amid uptick in physical demand from major consuming industries in the domestic spot market. Further, insufficient stocks position on restricted supplies from producing regions, too supported mentha oil prices' uptrend.

The contract for November delivery was trading at Rs 934.00, up by 0.31% or Rs 2.90 from its previous closing of Rs 931.10. The open interest of the contract stood at 4041 lots.

The contract for December delivery was trading at Rs 944.00, up by 0.33% or Rs 3.10 from its previous closing of Rs 940.90. The open interest of the contract stood at 1078 lots on MCX.


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