Mentha Oil Prices Rallied Due To Bullish Demand Outlook

Mentha oil trading range for the day is 1791.4-1840.4.

Mentha oil spot at Sambhal closed at 1941.60 per 1kg. Spot prices was up by Rs.20.80/-.

Mentha oil prices rallied due to bullish demand outlook from domestic market as well as exporters.

Spot markets are also witnessing strong consumption demand amid restricted supplies.

Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.




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Cardamom Dropped On Profit Booking After Prices Gained Amid Heavy Loses

Cardamom trading range for the day is 1403.8-1439.8.

Cardamom dropped on profit booking after prices gained amid heavy loses to crop due to recent floods and good export hopes

Despite last year’s record exports, exports in the current year are likely to be affected due to strict measures by Saudi Arabia due to pesticide issue.

Around 25 tn of new arrivals are coming at auctions daily, which is 25-30% of the total arrivals.

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