Mentha oil trading range for the day is 893.4-967.
Menthaoil spot is at 1032/-. Spot market is down by Rs.23/-
Mentha oil declined on the heels of the strong supply situation in the domestic market against sluggish demand.
Prospects of higher production this year have however been pressurizing the market sentiments.
Mentha oil crop in UP is well and production may be 1.5 times than last year.
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