Tuesday, February 7, 2017

Menthaoil trading range for the day is 997.5-1016.9. Mentha oil spot at Sambhal closed at 1129.00 per 1kg. Spot prices was up by Rs.11.70/-. Mentha oil prices gained tracking a firm trend at the spot market.  Further, tight stocks position on restricted supplies from major producing belts of Chandausi in Uttar Pradesh, too supported mentha oil prices. However upside seen limited on the speculation the area under cultivation can incerese this year resulting good production.
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