Friday, March 17, 2017

  • Menthaoil trading range for the day is 993.2-1014.2.
  • Mentha oil spot at Sambhal closed at 1150.30 per 1kg. Spot prices was down by Rs.-0.80/-.
  • Mentha oil prices ended with gains amid rise in demand from major consuming industries in the domestic spot market.
  • Further, tight stocks position on restricted supplies from major producing belts of Chandausi in Uttar Pradesh, also supported prices.
  • Trade sources estimate that total area under Mentha planting has dropped by 20% to 1.75 lakh ha.

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