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Mentha oil settled down by 1.17 to Rs.1525 due to profit booking and higher arrivals 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.

SELL MCX MENTHA OIL (FEB) BELOW 1550 SL 1570 TGT 1470

R1 1570 R2 1600 S1 1500 S2 1470.

Looking for Trading Advisories? Visit tips.commodityonline.com

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