EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 13 JULY 2017

Menthaoil trading range for the day is 931.1-960.3.Mentha oil spot at Sambhal closed at 1067.20 per 1kg. Spot prices was down by Rs.-9.20/-. Mentha oil ended with gains due to uptick in demand in the domestic spot market. Due to heavy rainfall and monsoon the supply of mentha to the major spot markets of UP has been disrupted as a result there is shortage of stock. Stock positions of mentha in MCX accredited warehouses were around 6643 drums which is 721 drums more in comparison to previous day.

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