Wednesday, 1 February 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 1 FEBRUARY 2017

Menthaoil trading range for the day is 984.3-1026.3. Mentha oil spot at Sambhal closed at 1116.40 per 1kg. Spot prices was down by Rs.-10.00/-. Mentha oil prices dropped amid subdued physical demand for mentha oil in the domestic spot market. Further, ample stocks position on higher supplies from producing regions, too influenced mentha oil prices. At Sambhal market total arrivals are at 70 Drums(1-drum=180kg), higher by 10 Drums(1-drum=180kg) as compared to previous day.

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