Monday, 15 May 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 15 MAY 2017

Menthaoil trading range for the day is 913.3-970.3.Mentha oil spot at Sambhal closed at 1063.20 per 1kg. Spot prices was up by Rs.14.20/- 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.Trade sources estimate that total area under Mentha planting has dropped by 20% to 1.75 lakh ha.

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