Friday, February 10, 2017

Menthaoil trading range for the day is 1021.1-1039.9. Mentha oil spot at Sambhal closed at 1143.90 per 1kg. Spot prices was down by Rs.-2.70/-. Mentha oil prices dropped amid muted demand in the domestic spot market.  Further, ample stocks position on higher supplies from producing belts of Chandausi in Uttar Pradesh, too influenced mentha oil prices.  Pressure also seen on prices on the speculation the area under cultivation can incerese this year resulting good production. 
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