Menthaoil trading range for the day is 828.2-843.
Menthaoil spot is at 947/-. Spot market is up by Rs.2/-.
Mentha oil edged lower tracing the lackluster demand in the spot markets.
Moreover, adequate stocks position in the physical market following increased arrivals from producing region also fuelled the downtrend.
Production this year expected higher at more than 60000 tonnes vs ~50000 tonnes last year.
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