Friday 13 October 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 13 OCTOBER 2017

Menthaoil trading range for the day is 1234.2-1271.2.Mentha oil spot at Sambhal closed at 1412.20 per 1kg. Spot prices was up by Rs.18.10/-. Mentha oil dropped on profit booking weighed down by a pickup in sowing, as low demand further pressurized market sentiments. In recent days, arrivals has been average from the spot market of Chandausi which is also giving support to the prices. Stock positions of mentha in MCX accredited warehouses were around 9896 drums which is 48 drums less in comparison to the previous day.

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