Wednesday 12 April 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 12 April 2017

Menthaoil trading range for the day is 966.8-996.4. Mentha oil spot at Sambhal closed at 1118.40 per 1kg. Spot prices was down by Rs.-14.90/-. Mentha oil prices ended with losses amid easing demand at the spot market. Further, ample stocks position on increased supplies from Chandausi in Uttar Pradesh too led to the decline in mentha oil prices. Prices also remained under pressure on speculation that the area under cultivation can increase this year resulting good production.

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