Mentha oil prices traded a shade higher by 0.09 per cent to Rs 1,053 a kg in the futures trade today, as speculators created fresh positions on pick up in demand at the spot market.

At the Multi Commodity Exchange, mentha oil for current-month February traded higher by 90 paise or 0.09 per cent to Rs 1,053 a kg, with a business volume of single lot.

Likewise, the oil for delivery in March contract edged up by 60 paise, or 0.06 per cent to Rs 1,047.30 per kg, with a business volume of one lot.

Marketmen said fresh buying by speculators on pick up in demand in the spot market mainly led to the rise in prices.

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