- Menthaoil trading range for the day is 1531.8-1608.8.
- Mentha oil spot at Sambhal closed at 1730.50 per 1kg. Spot prices was down by Rs.-19.70/-.
- Menthaoil settled down on profit booking after prices gained tracking firmness in spot demand amid low supply.
- However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.
- Export demand of oil in global market is likely to be improved due to recovery in currency which is supportive for prices
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