Menthaoil trading range for the day is 856-884.8.
Menthaoil spot is at 978/-. Spot market is down by Rs.13/-.
Mentha oil ended with losses on expectations of increase in supply in the coming weeks from major growing areas.
Market sources suggested that strong demand is mainly on the account of possibility of poor sowing acreage in the next season
The total opening stocks of Mentha oil are estimated at 13000-15000 tonnes for the current year.
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