Friday, 13 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 13 JANUARY 2017

Menthaoil trading range for the day is 1017-1045. Mentha oil spot at Sambhal closed at 1125.40 per 1kg. Spot prices is up by Rs.1.30/-. Mentha oil ended with gains amid rising demand at the spot market. As per local sources, during last three weeks around 20 percent arrivals have decreased in the spot markets. Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also added support to mentha oil prices.

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