Menthaoil trading range for the day is 835.6-858.4.
Menthaoil spot is at 944/-. Spot market is down by Rs.9/-.
Mentha oil ended with losses on the account of strong production estimates for the current year along with weak demand.
Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
Market sources suggested that strong demand is mainly on the account of possibility of poor sowing acreage in the next season
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