Tuesday, 6 June 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 06 JUNE 2017

Menthaoil trading range for the day is 888.6-922. Mentha oil spot at Sambhal closed at 1019.00 per 1kg. Spot prices was down by Rs.-30.00/-. Mentha oil ended with losses on diminishing demand in the domestic spot market. As per sources, arrivals have increased in the major spot markets of Uttar Pradesh, which might pressurize the prices. Stock positions of mentha in MCX accredited warehouses were around 3749 drums which is 48 drums more against the previous day.

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