Mentha oil prices reversed its previous day’s losses, rising by 1.31 per cent on Friday at the Multi Commodity Exchange (MCX) as traders engaged in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh. At MCX, Mentha oil futures for February 2013 contract, at MCX, were trading at Rs.1,390.80 per kg, up by 1.31 per cent after opening at Rs. 1,374.90 against the previous closing price of Rs. 1,372.80.
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