Thursday 18 January 2018

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 18 JANUARY 2018

Menthaoil trading range for the day is 1549.7-1607.1.Mentha oil spot at Sambhal closed at 1849.10 per 1kg. Spot prices was up by Rs.43.30/-. Mentha oil prices ended with gains amid pick-up in demand from consuming industries in the domestic spot market. Further, tight stocks position on restricted supplies from Chandausi in Uttar Pradesh too supported mentha oil prices upside. Due to the increased production and usage of synthetic mentha in the recent years, demand for natural mentha has decreased.

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