Mentha oil trading range for the day is 1309.9-1359.3.
Mentha oil spot at Sambhal closed at 1457.30 per 1kg. Spot prices was down by Rs.-8.20/-.
Mentha oil dropped on profit booking after prices gained as low level buying seen ahead of demand season starts in August.
There were estimations of a 20-25% rise in sowing in 2019 versus last year.
Due to improving exports prospects, estimates for ending stocks has been reduced even lower than previous year.
Mentha oil spot at Sambhal closed at 1457.30 per 1kg. Spot prices was down by Rs.-8.20/-.
Mentha oil dropped on profit booking after prices gained as low level buying seen ahead of demand season starts in August.
There were estimations of a 20-25% rise in sowing in 2019 versus last year.
Due to improving exports prospects, estimates for ending stocks has been reduced even lower than previous year.
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