Mentha Oil on MCX Settle Down By -0.91% At 997.6



Mentha oil on MCX settled down by -0.91% at 997.6 due to profit booking amid weak demand in the domestic and overseas markets. Further, ample stocks position on higher supplies from major producing belts of Chandausi in Uttar Pradesh, too added pressure on mentha oil prices. 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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