Menthaoil trading range for the day is 892.7-915.5.
Mentha oil spot at Sambhal closed at 1026.70 per 1kg. Spot prices is down by Rs.-1.10/-.
Mentha oil prices gained as there are expectations of some recovery in market sentiments as winter season demand starts on the export and domestic front.
With cooler winters anticipated for many parts of India this year, the demand may soon start picking up from the pharmaceutical sector.
Global demand too is expected to rise at these lower levels in coming weeks.For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1026.70 per 1kg. Spot prices is down by Rs.-1.10/-.
Mentha oil prices gained as there are expectations of some recovery in market sentiments as winter season demand starts on the export and domestic front.
With cooler winters anticipated for many parts of India this year, the demand may soon start picking up from the pharmaceutical sector.
Global demand too is expected to rise at these lower levels in coming weeks.For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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