Mentha oil July contract dropped Rs -0.3 and settled at Rs 705.4 a kg. The contract made intraday low of Rs 703 a kg and high of Rs 712.5 a kg with the volume of 1971 and total open interest for the same contact was at 4545.Now support for the menthol is seen at 701.4 and below could see a test of 697.5. Resistance is now likely to be seen at 710.9, a move above could see prices testing 716.5.

Menthol Oil trading range is 695-714.

Mentha oil spot is at 773/-. Spot is down by Rs. 4/-.

Resistance for the mentha oil is at 710.90.

Mentha oil looks to take support at 701.40

Mentha oil yesterday ended flat as trader kept themselves away on weekend  

SELL MENTHOL JULY BELOW 702 SL 710.20 TGT 696.50-692.20-687.MCX