EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 02 FEBRUARY 2018

Menthaoil trading range for the day is 1510.6-1600.4. Mentha oil spot at Sambhal closed at 1817.90 per 1kg. Spot prices was up by Rs.50.30/-. Mentha oil ended with gains as there has been slight improvement in the local demand. As per earlier calculations the production was expected to be more but now its estimate has been reduced to 30000 tons. Stock positions of mentha in MCX accredited warehouses were around 4560 drums which is 24 drums less in comparison to previous day.



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