Monday 2 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 2 JANUARY 2017

Menthaoil trading range for the day is 1030.1-1059.1. Mentha oil spot at Sambhal closed at 1128.00 per 1kg. Spot prices is down by Rs.-2.00/-. Mentha oil ended with gains amid pick-up in demand in the domestic spot market. However, ample stocks position on higher supplies At Sambhal market estimated market supply was at 70 Drums, higher by 10 Drums as against previous day. China and Japan have reduced their buying quantity in the recent past due to the economic slowdown had impacted Mint product's exports .

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