EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 24 MAY 2017

Menthaoil trading range for the day is 928.9-955.9. Mentha oil spot at Sambhal closed at 1055.30 per 1kg. Spot prices was up by Rs.2.80/-.Mentha oil prices ended with losses amid muted demand in the domestic spot market. Further, ample stocks position on higher supplies from producing belts of Chandausi in Uttar Pradesh, too weighed. As on now stock positions of Mentha in MCX accredited warehouses were around 3709 drums which is 36 drums less in comparison to previous day

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