Menthaoil trading range for the day is 1375.1-1478.5.
Mentha oil spot at Sambhal closed at 1543.20 per 1kg. Spot prices was up by Rs.17.70/-.
Mentha oil settled down tracking weakness in spot demand amid ample stocks position on higher supplies.
The sowing for new season is in full swing and as per preliminary estimates, acreage under mentha crop will rise this year.
Total global production stood at around 48,000 tonnes, out of which India produces between 30,000-40,000 tonnes.
For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Mentha oil settled down tracking weakness in spot demand amid ample stocks position on higher supplies.
The sowing for new season is in full swing and as per preliminary estimates, acreage under mentha crop will rise this year.
Total global production stood at around 48,000 tonnes, out of which India produces between 30,000-40,000 tonnes.
For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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