Mentha oil trading range for the day is 1251.2-1284.4.
Mentha oil spot at Sambhal closed at 1420.20 per 1kg. Spot prices was down by Rs.-24.50/-.
Menthaoil dropped due to delay in monsoon, there has been an increase in the arrival of mentha.
Due to improving exports prospects, estimates for ending stocks has been reduced even lower than previous year.
This year’s production expectation of 38500- 39000 MT stood slightly above the average production of 36,968 MT.
Mentha oil spot at Sambhal closed at 1420.20 per 1kg. Spot prices was down by Rs.-24.50/-.
Menthaoil dropped due to delay in monsoon, there has been an increase in the arrival of mentha.
Due to improving exports prospects, estimates for ending stocks has been reduced even lower than previous year.
This year’s production expectation of 38500- 39000 MT stood slightly above the average production of 36,968 MT.
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