Menthaoil trading range for the day is 916.1-951.5.
Mentha oil spot at Sambhal closed at 1044.50 per 1kg. Spot prices is down by Rs.-10.40/-.
Mentha oil dropped to settled at 927 carried the loss from lastweek as prices dropped on profit booking after prices rallied on account of demand.
Demand could start rising in the coming days that could support the prices.
With prices having fallen a lot, export and domestic demand are likely to pick up in coming weeks.
As per latest reports Mentha Oil export in 2014-15 exceeded the targeted 21000 tonnes by 23% at 25750 tonnes.
It was 24500 tonnes in 2013-14.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1044.50 per 1kg. Spot prices is down by Rs.-10.40/-.
Mentha oil dropped to settled at 927 carried the loss from lastweek as prices dropped on profit booking after prices rallied on account of demand.
Demand could start rising in the coming days that could support the prices.
With prices having fallen a lot, export and domestic demand are likely to pick up in coming weeks.
As per latest reports Mentha Oil export in 2014-15 exceeded the targeted 21000 tonnes by 23% at 25750 tonnes.
It was 24500 tonnes in 2013-14.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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