Wednesday 25 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 25 JANUARY 2017

Menthaoil trading range for the day is 987.6-1018.8. Mentha oil spot at Sambhal closed at 1118.40 per 1kg. Spot prices is down by Rs.-5.40/-. Mentha oil dropped on the speculation the area under cultivation can incerese this year resulting good production. Sources mentioned that nearly 14500 MT of mint products were exported in six months of the current year. At Sambhal market sources reported arrivals at 60 Drums (1-drum=180kg), up by 10 Drums (1-drum=180kg) as compared to previous day.

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