Mentha oil September contract gained Rs 1.4 and settled at Rs 825 a kg as lower-level buying supported the prices. On September 13th, total stock of mentha oil at MCX-monitored warehouses at Chandausi was 9,26,710 kg of which 8,17,265 kg is physical stock and 1,09,444 is the demat stock. The contract made intraday low of Rs 815 a kg and high of Rs 826.9 a kg with the volume of 4421 and total open interest for the same contact was at 5688. Now support for the menthol is seen at 817.7 and below could see a test of
810.4. Resistance is now likely to be seen at 829.6, a move above could see prices testing 834.2. Trading Ideas: Mentha Oil trading range is 810.4-834.

Resistance for the mentha oil is at 829.60.

Support or mentha oil is seen at 817.70.

Mentha oil ended firm yesterday on lower-level buying