Mentha Oil Settled Up Amid Improved Demand From Consuming Industries

Mentha oil trading range for the day is 1310.1-1371.3.

Mentha oil spot at Sambhal closed at 1427.90 per 1kg. Spot prices was up by Rs.53.30/-.

Mentha oil settled up amid improved demand from consuming industries at the domestic spot market.

Further, lower arrivals from major producing belts of Chandausi in Uttar Pradesh also supporting prices.

However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

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