Tuesday, 3 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 3 JANUARY 2017

Menthaoil trading range for the day is 1038.9-1086.7. Mentha oil spot at Sambhal closed at 1151.70 per 1kg. Spot prices is up by Rs.23.70/-. Mentha oil prices gained amid rise in demand in the domestic spot market. Further, tight stocks position on restricted supplies from major producing regions of Chandausi in Uttar Pradesh, too supported mentha oil prices. As per local sources, during last three weeks around 20 percent arrivals have decreased in the spot markets.

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