Wednesday, May 10, 2017

  • Menthaoil trading range for the day is 895.6-958. 
  •  Mentha oil spot at Sambhal closed at 1058.90 per 1kg. Spot prices was up by Rs.10.70/-. 
  • Mentha oil ended with gains on short covering amid uptick in demand in the domestic spot market. 
  •  Further, tight stocks position on restricted supplies from major producing belts of Chandausi in Uttar Pradesh, too supported prices. 
  • Now on domestic side traders had estimated earlier total production in the range of 35000-37000 tons for this year.
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