Friday, April 05, 2013

EPIC AGRI COMMODITY UPDATE:MENTHA OIL

Mentha oil trading range for the day is 1000.1-1047.1.
Menthaoil spot is at 1128/-. Spot market is up by Rs.8/-.
Mentha oil ended with losses due to increased arrivals in the physical market.
Sentiments to remain under pressure on higher production prospects, high stock levels and the reports of good sowing.
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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