EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 21 April 2017

Menthaoil trading range for the day is 935.6-956.4. Mentha oil spot at Sambhal closed at 1103.50 per 1kg. Spot prices was up by Rs.8.50/-. Mentha oil prices gained on short covering amid rise in demand in the domestic spot market. Further, tight stocks position on restricted supplies from producing regions, too supported mentha oil prices. India exported 21,150 metric tonnes of mentha and allied products, valued at Rs 2,577.59 crore in FY16.

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