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Spot Mentha Rules Mostly Steady

13 Mar 2019 9:15 pm
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NEW DELHI (Commoditiescontrol) - Spot mentha oil prices remained mostly steady with slight upside at key markets of Uttar Pradesh on Wednesday amid better demand from consuming industries and tight stocks position due to fall in supplies.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,845/kg, Rs 1,850 and Rs 1,795, respectively. While, at the Multi Commodity Exchange (MCX), mentha oil for delivery in March edged higher by Rs 4.80 or 0.29 percent at Rs 1,687.30 per kg.

As per market source, overall sentiments are still bullish as demand from both domestic and export fronts are emerging at existing price levels. While, farmers are holding back their produce anticipating rise in prices ahead.

(By Commoditiescontrol Bureau)


       
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