EPIC RESEARCH NCDEX MENTHAOIL UPDATE OF 14 Oct 2016

Menthaoil trading range for the day is 864.1-893.9.Mentha oil spot at Sambhal closed at 1024.00 per 1kg. Spot prices is up by Rs.9.90/-.Mentha oil prices gained after pick-up in demand from consuming industries in the spot market.Besides, tight stocks position in the physical market due to restricted arrivals from producing belts also supported the upside.Exports of mint products stood at 21,150 tonne in FY16 valued at RS. 2,577.59 crore.


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