Monday, April 10, 2017

  • Menthaoil trading range for the day is 984.1-1003.5. 
  • Mentha oil spot at Sambhal closed at 1125.50 per 1kg. Spot prices was down by Rs.-8.50/-. 
  • Mentha oil dropped amid of reports that carryover stocks are huge against the current consumption level. 
  • Also prices trading with weakness leading to a glut with synthetic mint oil garnering larger share of the market. 
  • Trade sources estimate that total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season.
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