Menthaoil trading range for the day is 869.2-882.
Mentha oil spot at Sambhal closed at 1015.20 per 1kg. Spot prices is down by Rs.-1.40/-.
Mentha oil prices ended with losses driven by subdued demand from consuming industries at the domestic spot market.
Lack of strong demand in physical markets failed to stimulate buyers in participating aggressively.
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 1015.20 per 1kg. Spot prices is down by Rs.-1.40/-.
Mentha oil prices ended with losses driven by subdued demand from consuming industries at the domestic spot market.
Lack of strong demand in physical markets failed to stimulate buyers in participating aggressively.
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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