Thursday 17 August 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 17 AUGUST 2017

Menthaoil trading range for the day is 1154.1-1214.5. Mentha oil spot at Sambhal closed at 1333.50 per 1kg. Spot prices was up by Rs.27.70/-. Mentha oil extended gains amid pick-up in demand from consuming industries at domestic spot market.Due to tight stock position on fall in arrivals from major producing belts of Chandausi in Uttar Pradesh, mentha prices are getting support. Stock positions of mentha in MCX accredited warehouses were around 10555 drums which is same in comparison to previous day while in process were 1176 drums.



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