Mentha oil spot at Sambhal closed at 1462.20 per 1kg. Spot prices was up by Rs.29.80/-.
Mentha oil gains on short covering after prices dropped driven by subdued demand from consuming industries at the spot market.
Anticipation of bumper crop harvest and nearing of harvesting season also weighing on prices.
As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher price in recent past.
Subscribe now for best MCX Tips and NCDEX Tips
For quick free trial click here > 911 133 9000
No comments:
Post a Comment