Monday, 12 February 2018

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 12 FEBRUARY 2018

Menthaoil trading range for the day is 1377-1473.6.Mentha oil spot at Sambhal closed at 1673.30 per 1kg. Spot prices was down by Rs.-5.80/-. Mentha oil prices ended with gains tracking an uptick in demand from domestic physical market. Stock positions of mentha in MCX accredited warehouses were around 3329 drums which is 228 drums less in comparison to previous day. In recent years the production and consumption of synthetic mentha has increased which has impacted the demand of natural mentha.

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