Menthaoil trading range for the day is 902.5-938.1.
Menthaoil spot is at 1025/-. Spot market is up by Rs.18/-.
Mentha oil ended with gains as short covering and slightly improved demand at lower levels helped the sentiments.
Moreover, this might also reduce mentha oil production from the crop, lowering the supply further.
The total mentha oil production is expected to be in the range of 52000-55000 tonnes in the current year.
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