On the last day Report In Profitable Commodity Tips
Expert of this year, Mentha Oil gain momentum. On Monday, the January futures
price of Mentha Oil on commodity exchange MCX rose by 1.5 percent to Rs 1,535
per kilogram in early trading on Monday.
Commodity market analysts
Rudra Investment say that due to the refuse in supply in spot markets, prices
have risen. Commodity, supply has come downwards due to the rise in the cold.
Due to this, prices are getting faster. According To Profitable Commodity Tips
Expert in today's trading, there is a buying recommendation on fall in January
futures. Investors should shop in January futures at the level of Rs 1520.
In today's business, prices
can show a level of Rs 1,550 per kg. However, there is less hope of faster
growth in mentha oil as the industry demand may remain sluggish. They say that
the price of January futures is estimated to be within the range of 1500-1550
rupees per kilogram.
Sowing of mentha starts in
February. The highest yield of metha is in UP. UP's share in the production of
total mentha oil in the country is about 80 percent.
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