Wednesday, 11 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 11 JANUARY 2017

Menthaoil trading range for the day is 1001.8-1059.4. Mentha oil spot at Sambhal closed at 1125.30 per 1kg. Spot prices is down by Rs.-14.90/-. Mentha oil prices ended with losses driven by fall in demand at the spot market. Moreover, adequate stocks position following higher supply from the producing belts too fuelled the downtrend. At Sambhal market arrivals were reported at 60 Drums(1-drum=180kg), up by 10 Drums(1-drum=180kg) from previous trading day.

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