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Mentha oil futures trade higher on improved demand
Jun-13-2019

Mentha oil futures traded higher on MCX, as speculators enlarged their positions amid improved demand from consuming industries at the domestic spot market. However, some gains were capped amid expectations of higher acreage under mint this year due to lucrative prices throughout last year.

The contract for June delivery was trading at Rs 1334.90, up by 1.18% or Rs 15.60 from its previous closing of Rs 1319.30. The open interest of the contract stood at 584 lots.

The contract for July delivery was trading at Rs 1344.50, up by 1.35% or Rs 17.90 from its previous closing of Rs 1326.60. The open interest of the contract stood at 283 lots on MCX.

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