Mentha oil prices rise 18% so far in August. Should traders buy or book profits?

Commenting on the current surge, Anuj Gupta, Head Commodity & Currency, HDFC Securities said the rally in mentha oil futures has been on the back of crop damage due to floods in many areas where the crop is sown, including Barabanki, Chandausi and Rampur, low arrivals and growing export demands.