EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 19 MAY 2017

Menthaoil trading range for the day is 952.1-969.3. Mentha oil spot at Sambhal closed at 1070.10 per 1kg. Spot prices was down by Rs.-6.10/-.Mentha oil settled down 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. The arrivals have slightly increased in the major spot markets of Uttar Pradesh, to meet the existing demand for the produce.

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