EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 17 MAY 2017

Menthaoil trading range for the day is 940.8-966.8.Mentha oil spot at Sambhal closed at 1072.00 per 1kg. Spot prices was up by Rs.3.20/-. Mentha oil dropped amid reports that carryover stocks are huge against the current consumption level.As per sources, local demand is moderate from both the local industries as well as stockists.Stock positions of Mentha in MCX accredited warehouses were around 4499 drums, while in process were 24 drums.

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