Menthaoil On MCX Settled

Menthaoil on MCX settled up 1.4% at 970.8 amid rising 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 uptrend. As on now stock positions of Mentha in MCX accredited warehouses were around 11459 drums which is 27 drums less against the previous day while in process was 0 drums, which is same against the last day. Sources mentioned that nearly 14500 MT of mint products were exported in six months of the current financial year.

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