12/07/2018 11:18:00 AM
- Menthaoil trading range for the day is 1579.3-1643.3.
- Mentha oil spot at Sambhal closed at 1797.70 per 1kg. Spot prices was down by Rs.-4.60/-.
- Menthaoil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.
- According to preliminary estimates, mentha oil production in 2018-19 would be 40,000-45,000 ton against last year's production of 35,000 tons.
- However, there could be chances of crop damage to certain extend due to unfavourable weather condition.
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