Tuesday, 13 June 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 13 JUNE 2017

Menthaoil trading range for the day is 897.6-924.Mentha oil spot at Sambhal closed at 1023.70 per 1kg. Spot prices was down by Rs.-10.80/-. Mentha oil prices fall as arrivals of the new crop, have started in the key wholesale markets of Sambhal and Chandausi in Uttar Pradesh. About 100-120 drums in Sambhal and 70 drums in Chandausi (per day) of mentha oil have been arriving. Expectations of higher output in 2017 will further dampen the sentiment.

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