EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 07 FEBRUARY 2018

Menthaoil trading range for the day is 1454.7-1544.3.Mentha oil spot at Sambhal closed at 1758.10 per 1kg. Spot prices was down by Rs.-10.00/-. Mentha oil prices dropped on profit booking driven by easing demand from consuming industries at spot market. Further, ample stocks position on increased supplies from major producing belts of Chandausi in Uttar Pradesh too weighed on mentha oil prices. From export front, there is no expectation of any positive development in the recent times.



For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664