Monday 23 January 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 23 JANUARY 2017

Menthaoil trading range for the day is 980.1-1046.1. Mentha oil spot at Sambhal closed at 1119.60 per 1kg. Spot prices is down by Rs.-10.30/-. Mentha oil dropped triggered by muted demand at the spot market. Further, ample stocks position on higher supplies from producing regions of Chandausi in Uttar Pradesh, too influenced mentha oil prices. Sources mentioned that nearly 14500 MT of mint products were exported in six months of the current financial year.

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