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Article: Mentha futures climb on short-covering; good demand.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 1, 2008
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Mentha futures climb on short-covering; good demand
New Delhi, Dec 1 (PTI) -- Mentha oil today extended gains in the futures trading on covering-up of short positions by speculators after demand for the commodity picked up in the spot markets.
Pick-up in export demand also supported rise in the mentha oil prices at the futures market here.
Mentha oil for far-month February contract spurted the most by three per cent at Rs 556.70 per kg on the Multi Commodity Exchange with a business turnover of two lots.
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