Menthaoil trading range for the day is 896.3-929.3.
Mentha oil spot at Sambhal closed at 1047.40 per 1kg. Spot prices is down by Rs.-0.50/-.
Mentha oil ended with losses amid profit-booking on sluggish demand from consuming industries in the physical market.
Further, ample stocks positions on higher supplies from producing belts of Chandausi in Uttar Pradesh too weighed on mentha oil prices.
As per market sources, the overall production is still 70% lower from the previous year of 50,000 tons. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1047.40 per 1kg. Spot prices is down by Rs.-0.50/-.
Mentha oil ended with losses amid profit-booking on sluggish demand from consuming industries in the physical market.
Further, ample stocks positions on higher supplies from producing belts of Chandausi in Uttar Pradesh too weighed on mentha oil prices.
As per market sources, the overall production is still 70% lower from the previous year of 50,000 tons. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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