EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 10 JULY 2017

Menthaoil trading range for the day is 915.7-953.7. Mentha oil spot at Sambhal closed at 1044.70 per 1kg. Spot prices was down by Rs.-4.40/-. Mentha oil prices gains due to uptick in demand in the domestic spot market. Mentha output this year is likely to rise by 10-12% to 36,000 tn, as weather remained largely conducive throughout the season.The expectation of good production of mentha during the year has boosted the demand for natural mentha.

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