Menthaoil trading range for the day is 1803.9-1938.9. Mentha oil spot at Sambhal closed at 2061.20 per 1kg. Spot prices was down by Rs.-30.10/-. Mentha oil prices ended with losses tracking weakness in spot demand on profit booking after prices rallied to multi year highs. Spot markets are witnessing increased supplies as the prices are at multi year highs but the consumption demand is muted at higher price level. Looking into higher prices, the stockists and farmers who are having the stocks are liquidating in the market.
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