Menthaoil trading range for the day is 1044-1176.6.
Menthaoil spot is at 1162/-. Spot market is down by Rs.13/-.
Mentha oil prices dropped on account of profit-booking at prevailing levels amid subdued demand from consuming industries in the spot market.
Further, ample stock position following increased arrivals from the major producing regions too added pressure on mentha oil prices.
Farmers are preparing field for new crop in major regions of Uttar Pradesh, Bihar and Haryana.
Menthaoil spot is at 1162/-. Spot market is down by Rs.13/-.
Mentha oil prices dropped on account of profit-booking at prevailing levels amid subdued demand from consuming industries in the spot market.
Further, ample stock position following increased arrivals from the major producing regions too added pressure on mentha oil prices.
Farmers are preparing field for new crop in major regions of Uttar Pradesh, Bihar and Haryana.
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