Thursday, April 04, 2013

EPIC AGRI COMMODITY UPDATE:MENTHA OIL

Mentha oil trading range for the day is 992.7-1081.9.
Menthaoil spot is at 1120/-. Spot market is down by Rs.45/-.
Mentha oil ended with losses as domestic and export demand is dull.
Sentiments to remain under pressure on higher production prospects, high stock levels and the reports of good sowing reports.
The total area under cultivation is expected to rise by 20% at 2.1 lakh ha against last year's 1.75 lakh ha.

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