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Spot Mentha Prices Down On Sluggish Demand

20 Jan 2020 8:01 pm
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NEW DELHI (Commoditiescontrol) - Spot mentha oil prices moved lower at key markets of Uttar Pradesh on Monday due to the lacklustre demand and amid expectations of higher production this season.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,365/kg, Rs 1,385/kg and Rs 1,345/kg, respectively.

At the Multi Commodity Exchange (MCX), mentha oil contract for delivery in January ended lower by Rs 10.60 or 0.84 percent at Rs 1,253.50 per kg.

As per market sources, prices may remain under pressure ahead due to sluggish buying by the consuming industries and amid expectations of higher acreage this season.


       
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