Friday 27 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 27 JANUARY 2017

Menthaoil trading range for the day is 1005.1-1027.5. Mentha oil spot at Sambhal closed at 1121.40 per 1kg. Spot prices is up by Rs.3.00/-. Mentha oil prices gained on the back of pick-up in demand at domestic spot market. Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also provided support to mentha oil prices. At Bareilly market arrivals were reported at 1 Drums(1-drum-180kg), down by 4 Drums(1-drum-180kg) from previous trading day

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