Menthaoil trading range for the day is 866.9-899.5.
Mentha oil spot at Sambhal closed at 1028.30 per 1kg. Spot prices is down by Rs.-7.10/-.
Mentha oil dropped amidst tepid physical demand from the major consuming industries in the domestic spot market.
Further, adequate supplies in the market amidst higher arrivals from the major producing region 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 1028.30 per 1kg. Spot prices is down by Rs.-7.10/-.
Mentha oil dropped amidst tepid physical demand from the major consuming industries in the domestic spot market.
Further, adequate supplies in the market amidst higher arrivals from the major producing region 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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