Mentha Oil Trading Range For The Day Is 948.4-1001.4

Mentha oil trading range for the day is 948.4-1001.4. Mentha oil spot at Sambhal closed at 1117.30 per 1kg. Spot prices was down by Rs.-7.10-. Mentha oil dropped on the speculation the area under cultivation can increase this year resulting good production. A better price recovery in mentha oil is expected to boost production of the crop by 12% this year. A large number of small and marginal farmers from Uttar Pradesh, Himachal Pradesh, Haryana and other places sowed mentha in January.

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