Menthaoil trading range for the day is 883.3-912.5.
Mentha oil spot at Sambhal closed at 1042.40 per 1kg. Spot prices is down by Rs.-13.00/-.
Mentha oil prices dropped on the back of sluggish demand from consuming industries at the domestic spot market.
Further, ample stocks position on higher supplies from Chandausi in Uttar Pradesh, too fuelled the downtrend.
Though, some losses were capped on expectation of rising demand as winter season demand starts on the export and domestic front. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1042.40 per 1kg. Spot prices is down by Rs.-13.00/-.
Mentha oil prices dropped on the back of sluggish demand from consuming industries at the domestic spot market.
Further, ample stocks position on higher supplies from Chandausi in Uttar Pradesh, too fuelled the downtrend.
Though, some losses were capped on expectation of rising demand as winter season demand starts on the export and domestic front. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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