- Menthaoil trading range for the day is 1116-1171.6.
- Mentha oil spot at Sambhal closed at 1305.90 per 1kg. Spot prices was down by Rs.-10.10/-.
- Mentha oil prices dropped amid a fall in demand from consuming industries at the spot market.
- Further, ample stocks position on increased supplies from the major producing belts of Chandausi in Uttar Pradesh too weighed.
- As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher prices.
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