Friday, 16 February 2018

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 16 FEBRUARY 2018

Menthaoil trading range for the day is 1301.4-1419.4. Mentha oil spot at Sambhal closed at 1568.40 per 1kg. Spot prices was down by Rs.-55.20/-. Mentha oil prices dropped due to subdued demand from consuming industries at the spot market. However, higher supplies from major producing belts of Chandausi in Uttar Pradesh, capping some gains. Stock positions of mentha in MCX accredited warehouses were around 3197 drums which is 24 drums less in comparison to previous day.

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