Tuesday 26 July 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 26 JULY 2016

Mentha oil trading range for the day is 934-1013. Mentha oil spot at Sambhal closed at 1102.30 per 1kg. Spot prices is up by Rs.26.80/-. Mentha oil gained amid reports of crop damage in major plant growing regions including Uttar Pradesh. India’s mentha oil output was estimated to remain lower this year from 32,000 tonnes produced during last year. Currently, mentha crop is been harvested and reports of heavy rainfall in the major growing areas in Uttar Pradesh affected arrivals.
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