Tuesday, July 16, 2013

EPIC AGRI COMMMODITY UPDATE:MENTHA OIL


Menthaoil trading range for the day is 900-953.6.
Menthaoil spot is at 1005/-. Spot market is down by Rs.25/-.
Mentha oil ended with losses due to profit booking by market men amid subdued demand in the spot market.
Sentiment weakened further as a result of the increased arrivals in the physical market from the major producing belts.
Production this year is expected to increase which is not letting the rates to move up significantly.

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