Mentha Oil Prices Settled Flat

Mentha oil prices settled flat amid fall in physical demand from major consuming industries in the domestic spot market. However, restricted supplies from Chandausi in Uttar Pradesh, capped some losses. While overall sentiments dropped as export and domestic demand are not picking up also as per 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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