Thursday, 27 October 2016

EPIC RESEARCH NCDEX MENTHAOIL UPDATE OF 27 Oct 2016

Menthaoil trading range for the day is 894.7-924.1.
Mentha oil spot at Sambhal closed at 1034.00 per 1kg. Spot prices is up by Rs.3.20/-.
Menthaoil settled up due to rising demand against restricted arrivals from the major producing belts.
The preliminary mandi source suggests that production of menthol is likely to be around 34-35000 tonnes during 2016-17.
At Rampur market, sources reported arrivals at 6 Drums(1-drum=180kg), up by 1 Drums(1-drum=180kg) from previous trading day.


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