EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 08 JUNE 2017

Menthaoil trading range for the day is 892.4-914.2. Mentha oil spot at Sambhal closed at 1016.70 per 1kg. Spot prices was up by Rs.6.80/-. Mentha oil gained on short covering after prices dropped as arrivals of the new crop, have started in the key markets of Uttar Pradesh. About 100-120 drums in Sambhal and 70 drums in Chandausi (per day) of mentha oil have been arriving.The new crop of mentha oil is being sold at 975 and 1,010 rupees per kg in Chandausi and Sambhal, respectively.

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