Thursday 29 June 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 29 JUNE 2017

Menthaoil trading range for the day is 877.1-916.9. Mentha oil spot at Sambhal closed at 1007.60 per 1kg. Spot prices was down by Rs.-3.90/-. Mentha oil prices fall as arrivals of the new crop, have started in the key 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. Stock positions of mentha in MCX accredited warehouses were around 4145 drums which is 35 drums more against the previous day.

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