CO:MCX mentha oil and CPO picks up on increased spot demand
MUMBAI (Commodity Online): MCX mentha oil and MCX Crude Palm Oil (CPO) contracts traded up on Monday afternoon trade on increased spot demand.
According to Agri-analysts, fresh buying of mentha oil by speculators following pick- up in spot demand against less arrivals has helped futures prices to trade higher, while CPO demand picked up on the back of marriage season.
MCX mentha oil for December delivery traded up 0.18% to Rs 1315.40, while the MCX CPO traded up 0.71% to Rs 536.30 at 12:55 IST.
