Mentha Oil Trading Online

The whole world is aware of mentha oil as an aromatic herb which has numerous medicinal aspects. However, people in India know it as “Pudina”. Mentha is one such minor crop that grows only in Punjab region of the Indian subcontinent. A distillation process of the leaves produces the mentha oil and other derivatives. It is widely used across the nation in a different form. The two major industries where the demand of mentha oil is high are pharmaceutical industry and food processing industry. It is also used in cooking as well as for flavouring purpose.

Factors of Mentha Oil Trade

India has always been one of the largest producers of mentha oil and probably the largest exporter of mentha oil in the world. There is no doubt in it that India has maintained its position of the lead exporter of the mentha oil.

  • The increase in the use of natural aromatic healthcare products by the people.
  • Shifting of people’s interest towards flavoured consumable items. 
  • The constant increase in consumer’s awareness about personal healthcare.
  • High production by a nation.
  • Consumption rate.
  • Export to import ratio.
  • Development of new industries which are primarily based on mentha oil.

Global Demand

One of the major attributes which result in ever-increasing demand of mentha oil is because of its requirement in the fragrance industry. It is widely used across the world in cosmetics, personal health care products and other areas where they feel the need for flavour or aroma. Some of the major importers of mentha oil are China, Singapore, and the USA. The growing requirement of the people for natural and organic products with nice aroma is also one of the major reasons why mentha oil so widely in demand.

There is no doubt that global oil industries have grown a lot in recent years. The constant increase in demand for natural and organic care products has also resulted in an increase in demand for mentha oil. Even if the price of the mentha oil has fluctuated a lot, still there seems to be a huge demand for such. The rise in demand from western countries has the so played a significant role in promoting the global economy.

In recent times, the mentha oil has performed fairly well in the global trade market. The mentha oil commodity brokers have now a new opportunity ahead of them.

How will Gill Broking help you?

We at Gill Broking come out with the exclusive quality of mentha oil that gives you the ultimate comfort. You can thus lead a better way of life and we feel the pride in real time.

• Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Ensure that pay-out of funds/securities is received in your account within 1 working day from the date of pay-out.
• Be careful while executing the PoA (Power of Attorney) – specify all the rights that the stock broker can exercise and timeframe for which PoA is valid. It may be noted that PoA is not a mandatory requirement as per SEBI / Exchanges.
• Register for online applications viz Speed-e and Easiest provided by Depositories for online delivery of securities as an alternative to PoA.

• Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.

• Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: NSE, MCX

• Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.

• Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.

• Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.

• Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.

• Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

• Do not deal with unregistered intermediaries (who are not registered with SEBI/Exchanges).

We are here to assist you !
Fill out the form and Start Trading...