EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 16 MAY 2017

Menthaoil trading range for the day is 929.2-975.4.Mentha oil spot at Sambhal closed at 1068.80 per 1kg. Spot prices was up by Rs.5.60/-. Mentha oil settled up amid surge in demand in the domestic spot market.Further, tight stocks position on restricted supplies from producing regions, too supported mentha oil prices.As per sources, local demand is average from both the local industries as well as stockists.

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