Mentha Oil On MCX Settled

Mentha oil on MCX settled flat as prices pared gains on profit booking after gaining amid pick-up in demand in the domestic spot market. Further, tight stocks position on restricted supplies from producing regions of Chandausi in Uttar Pradesh, too supported mentha oil prices. As per local sources, during last some period around 20 percent arrivals have decreased in the spot markets. At Chandausi market total arrivals are at 10 Drums(1-drum-180kg), lower by 5 Drums(1-drum-180kg) from previous day’s arrivals. Mentha DMO is offered firm at Rs. 815 per Kg, up by 1.88 per cent against previous trading day.

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