EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 12 MAY 2017

Menthaoil trading range for the day is 905.4-946.6. Mentha oil spot at Sambhal closed at 1049.00 per 1kg. Spot prices was down by Rs.-7.30/-. Mentha oil prices gained amid surge in demand in the domestic spot market. Further, tight stocks position on restricted supplies from producing regions, too supported mentha oil prices. Stock positions of Mentha in MCX accredited warehouses were around 4727 drums, while in process were 24 drums.

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