EPIC RESEARCH NCDEX MENTHAOIL UPDATE OF 13 Oct 2016

Menthaoil trading range for the day is 858.7-876.1.
Mentha oil spot at Sambhal closed at 1014.10 per 1kg. Spot prices is up by Rs.4.50/-.
Mentha oil prices ended with gains amid increasing demand from major consuming industries in the domestic spot market.
Further, tight stocks position on restricted supplies from producing regions, too supported mentha oil prices.
China and Japan have reduced their buying quantity in the recent past due to the economic slowdown had impacted Mint product's exports.

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