Tuesday 24 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 24 JANUARY 2017

Menthaoil trading range for the day is 996.5-1019.1. Mentha oil spot at Sambhal closed at 1123.80 per 1kg. Spot prices is up by Rs.4.20/-. Mentha oil prices gained amid pick-up in demand at domestic spot market. However upside seen limited on the speculation the area under cultivation can incerese this year resulting good production. At Barabanki market sources reported arrivals at 60 Drums(1-drum-180kg), down by 40 Drums(1-drum-180kg) from previous day’s arrivals.

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