India, Jan. 23 -- Technically Mentha Oil market is under long liquidation as market has witnessed drop in open interest by 11. 05% to settled at 491 while prices down 6 rupees.Now MCX Mentha Oil is getting support at 1223.1 and below same could see a test of 1216.8 levels and resistance is now likely to be seen at 1235.7 a move above could see prices testing 1242.Mentha Oil on MCX settled down by 0.49% at 1229.5 as demand in the spot market is also low due to low arrivals from the big centers of Uttar Pradesh. Last year farmers sowed more due to good prices.Mentha Oil production during the year 2019-20 may increase by 30-40%. Pressure also seen after the Bihar state government has completely banned all types of pan masala. Currently this ba...