Menthaoil trading range for the day is 883.7-908.3.
Mentha oil spot at Sambhal closed at 1033.70 per 1kg. Spot prices is up by Rs.6.50/-.
Mentha oil dropped on the back of sluggish demand from consuming industries at spot markets.
Further, ample stocks position in the physical market on higher supplies from Chandausi in Uttar Pradesh, too put pressure on mentha oil prices.
At Barabanki market estimated market supply was at 200 Drums(1-drum-180kg), down by 50 Drums(1-drum-180kg) as against previous day. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1033.70 per 1kg. Spot prices is up by Rs.6.50/-.
Mentha oil dropped on the back of sluggish demand from consuming industries at spot markets.
Further, ample stocks position in the physical market on higher supplies from Chandausi in Uttar Pradesh, too put pressure on mentha oil prices.
At Barabanki market estimated market supply was at 200 Drums(1-drum-180kg), down by 50 Drums(1-drum-180kg) as against previous day. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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