EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 31 JANUARY 2018

Menthaoil trading range for the day is 1472.8-1572.8. Mentha oil spot at Sambhal closed at 1756.20 per 1kg. Spot prices was down by Rs.-11.30/-. Mentha oil dropped triggered by muted demand from consuming industries in the spot. Besides, ample stock positions on higher supplies from major producing regions of Chandausi in Uttar Pradesh too fuelled the downtrend. However, there is no positive development from the export front.

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