Menthaoil trading range for the day is 891.8-967.2.
Mentha oil spot at Sambhal closed at 1055.40 per 1kg. Spot prices is down by Rs.-15.60/-.
Mentha oil prices dropped tracked by weak trend at spot market amid ample stocks position on higher supplies.
However, expectations of pickup demand as winter season demand starts on the export and domestic front, capped some losses.
Mentha oil production in India is likely to decline by 20% due to lower plantings of the aromatic herb on falling prices in the last two years. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1055.40 per 1kg. Spot prices is down by Rs.-15.60/-.
Mentha oil prices dropped tracked by weak trend at spot market amid ample stocks position on higher supplies.
However, expectations of pickup demand as winter season demand starts on the export and domestic front, capped some losses.
Mentha oil production in India is likely to decline by 20% due to lower plantings of the aromatic herb on falling prices in the last two years. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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