commodities: Rising demand from oral care, pharma and confectionary cos to take mentha oil exports to pre-Covid levels
Oral care, pharmaceutical and confectionary companies including Colgate Palmolive , Procter and Gamble and Mars Wrigleys are likely to increase the purchase of mentha oil in the coming quarter which will take exports close to pre-Covid levels, companies and trade bodies said. India is the largest producer and exporter of mentha oil and its derivatives. It exports exports 30,000 tonnes to China, US , Europe and South America. In April-September, India exported 18,000 tonnes, according to industry estimates. Exports picked up until October but slowed down after that because of the second wave ...