Tuesday, 11 July 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 11 JULY 2017

Menthaoil trading range for the day is 925.8-947.8. Mentha oil spot at Sambhal closed at 1059.10 per 1kg. Spot prices was up by Rs.14.40/-. Mentha oil prices settled flat as arrivals of the new crop, have started in the key wholesale markets of Sambhal and Chandausi in Uttar Pradesh. As per sources, demand is weak ahead of GST as local traders and mentha consuming industries are avoiding bulk buying. The expectation of good production of mentha during the year has boosted the demand for natural mentha.

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