The Commodity Market Expert
Says About Today market Mentha oil prices also rose rudely on Wednesday. In
today's trading, the price of Mentha oil rose by around 0.40 percent to Rs.
1549.50 per kilogram.
On the commodity exchange MCX, Mentha oil's
December futures rose by Rs 5.70, or 0.40 percent to Rs 1,494.50 per kg, but
there are signs of weak point in further prices.
According to Rudra investment Commodity Market Expert investors are advised to sell at current levels. The first support for Mentha
Oil's December contract on MCX for 3 business sessions is Rs. 1520, while the
second support is Rs. 1500.
Uttar Pradesh's share in the total
production of mentha oil in the country is about 80 percent. The remaining 20
per cent of metha oil is produced in Punjab, Madhya Pradesh and Uttarakhand.
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