Monday, 15 January 2018

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 15 JANUARY 2018

Menthaoil trading range for the day is 1609.8-1693.8.Mentha oil spot at Sambhal closed at 1927.90 per 1kg. Spot prices was down by Rs.-10.60/-. Mentha oil dropped on profit booking amid easing demand in the spot market. Besides, ample stocks on higher supplies from major producing belts of Chandausi in Uttar Pradesh too influenced mentha oil prices. Stock positions of mentha in MCX accredited warehouses were around 6102 drums which is 96 drums less in comparison to previous day.

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