Mentha Oil On MCX Settled Up By 0.64% At 908.5

Mentha oil on MCX settled up by 0.64% at 908.5 amid pickup in demand from consuming industries at the spot market. Besides, tight stocks position following restricted arrivals from major producing belts, added support to mentha oil prices uptrend. Last months udpate exports have registered a decline in volume terms. China and Japan have reduced their buying quantity in the recent past due to the economic slowdown had impacted Mint product's exports which declined substantially from the export basket by 18% in terms of volume and 4% in terms of value year-on-year

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