Monday, 4 June 2018

EPIC RESEARCH NCDEX MENTHAOIL OF 04 June 2018

Menthaoil trading range for the day is 1113.1-1181.5.

Mentha oil spot at Sambhal closed at 1338.40 per 1kg. Spot prices was up by Rs.32.20/-.

Mentha oil gains on rise in demand from the consuming industries at the spot market.

However, there is anticipation of bumper crop harvest and nearing of harvesting season.

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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