Menthaoil trading range for the day is 793.7-855.5.
Mentha oil spot at Sambhal closed at 957.00 per 1kg. Spot prices is up by Rs.5.60/-.
Menthaoil settled up as support triggered by export as well as domestic demand from pharma and fragrances companies.
Prices also seen supported in the anticipation that current year production can slip more that 35% due to lower plantings.
The ban on gutka and increased supply of synthetic mentha oil in the global market has increased due to which upside were capped. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co Follow @Epic_Research
Mentha oil spot at Sambhal closed at 957.00 per 1kg. Spot prices is up by Rs.5.60/-.
Menthaoil settled up as support triggered by export as well as domestic demand from pharma and fragrances companies.
Prices also seen supported in the anticipation that current year production can slip more that 35% due to lower plantings.
The ban on gutka and increased supply of synthetic mentha oil in the global market has increased due to which upside were capped. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co Follow @Epic_Research
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