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Spot Mentha Rallies On Low Level Buying

17 Feb 2020 8:21 pm
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NEW DELHI (Commoditiescontrol) - Spot mentha oil prices gained sharply further at key markets of Uttar Pradesh on Monday due to the low level buying from pharmaceutical and consuming industries and lower supply.

According to traders, the overall sentiment is however weak amid expectation of higher acreage this season.

Mentha oil prices in Chandausi, Sambhal and Rampur quoted at Rs 1,285/kg, Rs 1,305/kg and Rs 1,280/kg, respectively.

At the Multi Commodity Exchange (MCX), mentha oil contract for delivery in February ended higher by Rs 35 or 3.07 percent at Rs 1,174.20 per kg.


       
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