Mentha Oil On MCX Settled Down By -0.35% At 836.6



Mentha oil on MCX settled down by -0.35% at 836.6 despite limited stock positions following restricted arrivals from major growing regions of Chandausi in Uttar Pradesh. Markets had remained weak for quite sometime from lack of demand amidst reports of higher sowing activities. The preliminary mandi source suggests that production of menthol is likely to be around 34-35000 tonnes during 2016-17 as compared to 32000 tonnes in 2015-16.

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