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Mentha oil prices moved up by Rs 16.70 to Rs 1,315 a kg in futures trade today as speculators created fresh positions, supported by a pick-up in spot demand.
At the Multi Commodity Exchange, mentha oil for delivery in March rose by Rs 16.70 or 1.29 per cent to Rs 1,315 a kg, with a business volume of a single lot.
Likewise, the oil for delivery in April gained Rs 4.30 or 0.38 per cent to Rs 1,131.50 a kg, with an open interest of just one lot.
Market analysts said fresh positions created by speculators, supported by pick up in domestic and export demand led to rise in prices.
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