Monday, 22 May 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 22 MAY 2017

Menthaoil trading range for the day is 924.9-967.3. Mentha oil spot at Sambhal closed at 1059.70 per 1kg. Spot prices was down by Rs.-10.40/-. 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. Also in recent years the production and consumption of synthetic mentha has increased which has impacted the demand.

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