EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 07 AUGUST 2017

Menthaoil trading range for the day is 1127-1200.4.Mentha oil spot at Sambhal closed at 1325.40 per 1kg. Spot prices was up by Rs.42.70/-.Mentha oil ended with gains as there has been increase in demand of mentha from local consuming industries as well as stockiests. Also due to recent heavy rainfall in the Northern India there is expectation of damage to the new stock which might limit the downfall in mentha prices. Stock positions of mentha in MCX accredited warehouses were around 10656 drums which is 172 drums more in comparison to previous day.

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