Mentha oil futures gain on MCX
Mentha oil futures gained on MCX as speculators enlarged their positions, supported by industrial demand of winter season as demand generally remains good during the winter owing to increase use in medicine. Moreover, tight stocks position following restricted arrivals from major producing belts also helped the uptrend.
The contract for December delivery was trading at Rs 945.00 up by 0.43% or Rs 4.00 from its previous closing of Rs 941.00. The open interest of the contract stood at 103 lots.
The contract for January delivery was trading at Rs 962.30 up by 0.62% or Rs 5.90 from its previous closing of Rs 956.40. The open interest of the contract stood at 427 lots on MCX.
