MCX Mentha Oil Tips – Below 1654 only Selling – Neal Bhai
MCX Mentha Oil price settled down by 1.16% at 1612.3 due to low demand at major physical centers. Pressure also seen amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.
Export demand of oil in global market is likely to be improved due to recovery in currency which is supportive for prices.
Basics Of Commodity Trading in India
Farmers have started preparing to harvest mentha this time in many villages of Saheb Tehsil. Actually, this time demand was high in the market and availability of Mentha Oil was low.
Commodities Weekly Technical Research Report 01 — 05 April 2019
Crop in India also decreased. In such a situation, there was a demand for Mentha Oil in China too.
