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Mentha oil futures trade marginally higher on improved demand
Jan-11-2017

Mentha oil futures traded marginally higher on MCX as participants raised their holdings on the back of improved demand from consuming industries at the spot market. Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also provided support to mentha oil prices.

The contract for January delivery was trading at Rs 1026.50, up by 0.08% or Rs 0.80 from its previous closing of Rs 1025.70. The open interest of the contract stood at 3862 lots.

The contract for February delivery was trading at Rs 1034.00, up by 0.31% or Rs 3.20 from its previous closing of Rs 1030.80. The open interest of the contract stood at 1073 lots on MCX.

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