Menthaoil trading range for the day is 1605.2-1706.2. Mentha oil spot at Sambhal closed at 1938.50 per 1kg. Spot prices was up by Rs.47.00/-. Mentha oil gained on the back of strong demand from consuming industries in domestic spot market. Further, tight stocks position on restricted supplies from Chandausi in Uttar Pradesh too supported mentha oil prices uptrend. As per the reports the global demand of essential oil will increase in the coming years.
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