MENTHA OIL MARKET IN INDIA

Mentha oil Major trading centre in India

The revealing Marketing Channels in Mentha production were

Channel-I: Producers-Local Trader-Processor

Channel-II: Producer-Commission Agent-Processors

Channel-III: Producer-Wholesaler-Processors

Channel-IV: Producer- Processors

The market of Menthol and its derivatives is very fragmented and has no regulatory body as such to overview the prices at which actual trade take place. However, general sentiments are expressed and disseminated among the trade participants. As explained in earlier section of the report that India is being in surplus in production’ is exposed to international market for exports, get influenced by the sentiments of other exporting and importing countries. In order to provide a strong and dependable market mechanism which NMCE can provide through its national platform of online trading on the exchange.

The major trading centers in India are: -

• Sambhal
• Barabanki
• Rampur
• Chandausi
• Badaun
• Bareilly
• Mumbai

  It is also traded at the Indian commodity exchanges like National Commodity & Derivatives Exchange ltd, Indian Commodity Exchange and Multi Commodity Exchange of India ltd.