Mentha oil settled down by 1.38 percent to Rs.1577 due to sturdy arrivals and good export demand from pharmaceutical units in the spot market.
As per latest crop estimates , the total production of mentha oil is likely to be augmented by 14-15% to 42000 tonnes in the current year on the account of steady sowing progress of mentha oil in Uttar Pradesh. The total arrivals stood at 400-450 drums.
BUY MCX MENTHA OIL (FEB) ABOVE 1570 SL 1550 TGT 1630
R1 1600 R2 1630 S1 1550 S2 1500.
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