2/21/2019 12:14:00 PM
- Menthaoil trading range for the day is 1623-1682.
- Mentha oil spot at Sambhal closed at 1718.20 per 1kg. Spot prices was down by Rs.-0.30/-.
- Menthaoil gained on short covering after prices dropped due to low demand at major physical centers.
- Further upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.
- Mentha sowing may witness a huge jump this year because of high returns farmers experienced the whole of last year.
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