According to Best Commodity Tips
Provider Mentha Oil show business in limited scope on Tuesday. Initially,
in the early trading, Mentha Oil's February contract on the commodity exchange
MCX found little strength in the contract. January Contract is close to its
end. Therefore, the business volume is very low in this.
At 11:30 a.m. in January, the
contract touched Rs 3.10, i.e. 0.20 percent, at Rs 1522.70 per kilogram. The
Kobarari Volume is just 14 lots. The February contract price was up by 0.60
paise, or 0.04 percent, to Rs 1525.10. In this business volume is 185 lots.
Report By Best Commodity Tips
Provider On Monday, Mentha Oil got good growth in MCX in early business.
Its futures price was up by 2 per cent to Rs 1,542 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. Districts of Western UP,
Sambhal, Rampur, Chandausi Mentha are major producers, while Barabanki district
near Lucknow is also the main producing area of Mentha Oil.
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