Free MCX Tips: Mentha oil prices rose by 0.24% on Friday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market because of restricted arrivals from producing belts. At MCX, Mentha oil futures for October 2015 agreement, at MCX, were trading at Rs. 902.80 per kg, up by 0.24% after opening at Rs. 899.20 against the previous ended price of Rs. 900.60. It touched the intra-day high of Rs. 905.20 till the trading. (At 2.45 PM today). Sentiment improved further as traders busy in creating positions on account of good demand from consuming industries and lower arrivals from Chandausi in Uttar Pradesh. About 80% of the crop in India comes from Uttar Pradesh (Barabanki, Moradabad, Badaun, Rampur and ) and Bareilly the balance 20% from, Himachal Pradesh, Haryana and Punjab .
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