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Spot Mentha Gains On Tight Supply, Better Demand

19 Aug 2019 7:26 pm
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NEW DELHI (Commoditiescontrol) - Spot mentha oil prices moved higher at key markets of Uttar Pradesh on Monday because of disruption in supplies amid inclement weather conditions and on rising demand from domestic stockists and pharmaceutical industries.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,440/kg, Rs 1,445 and Rs 1,420, respectively.

While, at the Multi Commodity Exchange (MCX), mentha oil for delivery in August gained by Rs 17.70 or 1.34 percent at Rs 1,341 per kg.

As per trade sources, better export demand for the spice oil also supported prices.

(By Commoditiescontrol Bureau)


       
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