Friday, 8 December 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 08 DECEMBER 2017

Menthaoil trading range for the day is 1760.4-1921.8.Mentha oil spot at Sambhal closed at 2054.90 per 1kg. Spot prices was down by Rs.-6.30/-.Mentha oil prices recorded gains in spot markets on dwindling supplies due to fall in output.Tight stock positions due to restricted arrivals from the major producing belts of Chandausi is also giving support to the mentha prices. Stock positions of mentha in MCX accredited warehouses were around 8537 drums which is 192 drums less in comparison to the previous day.

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