Menthaoil trading range for the day is 878.7-900.5.
Mentha oil spot at Sambhal closed at 1020.20 per 1kg. Spot prices is up by Rs.3.10/-.
Mentha oil prices ended with gains driven by pickup in demand from consuming industries at the spot market.
Further, restricted arrivals from major producing belts also influenced mentha oil prices.
However with cooler winters anticipated for many parts of India this year, the demand may soon start picking up from the pharmaceutical sector.
For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Mentha oil spot at Sambhal closed at 1020.20 per 1kg. Spot prices is up by Rs.3.10/-.
Mentha oil prices ended with gains driven by pickup in demand from consuming industries at the spot market.
Further, restricted arrivals from major producing belts also influenced mentha oil prices.
However with cooler winters anticipated for many parts of India this year, the demand may soon start picking up from the pharmaceutical sector.
For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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