Monday 14 May 2018

EPIC RESEARCH NCDEX MENTHA OIL OF 14 MAY 2018


Menthaoil trading range for the day is 1301.9-1395.7.

Mentha oil spot at Sambhal closed at 1494.30 per 1kg. Spot prices was down by Rs.-27.50/-.

Mentha oil dropped on profit booking amid expectation of commencement of fresh arrival

Anticipation of bumper crop harvest and nearing of harvesting season i.e., May month also weighed on prices.

As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher price in recent past.

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