Monday 30 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 30 JANUARY 2017

Menthaoil trading range for the day is 1012.2-1039.8. Mentha oil spot at Sambhal closed at 1127.20 per 1kg. Spot prices was up by Rs.5.80/-. Mentha oil 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. Sources mentioned that nearly 14500 MT of mint products were exported in six months of the current financial year.

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