Mentha oil trading range for the day is 970.8-1004.4.
Mentha oil spot is at 1072/-. Spot market is down by Rs.18/-.
Mentha oil settled flat as prices seen supported driven by pickup in demand from consuming industries in the spot market.
Further, tight stock position in the physical market on restricted arrivals from Chandausi in Uttar Pradesh too fuelled uptrend.
Mentha oil production is expected to fall this year by 30 per cent to 40,000 tonnes from 55,000 tonnes a year ago.
Mentha oil spot is at 1072/-. Spot market is down by Rs.18/-.
Mentha oil settled flat as prices seen supported driven by pickup in demand from consuming industries in the spot market.
Further, tight stock position in the physical market on restricted arrivals from Chandausi in Uttar Pradesh too fuelled uptrend.
Mentha oil production is expected to fall this year by 30 per cent to 40,000 tonnes from 55,000 tonnes a year ago.
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