- Menthaoil trading range for the day is 1625.9-1716.7.
- Mentha oil spot at Sambhal closed at 1857.30 per 1kg. Spot prices was down by Rs.-11.20/-.
- Mentha oil prices dropped amid subdued demand at the spot market and ample stock positions on higher supplies.
- Anticipation of bumper crop harvest and nearing of harvesting season adding negativity to the market.
- As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher price in recent past.
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