Wednesday, September 18, 2013

EPIC AGRI COMMODITY UPDATE: MENTHA OIL


Menthaoil trading range for the day is 840.8-890.4.
Menthaoil spot is at 970/-. Spot market is down by Rs.2/-.
Mentha oil ended with losses driven by subdued demand from consuming industries in spot market.
Adequate stocks position following increased arrivals from producing region also put pressure on mentha oil
Domestic production of mentha oil is expected to drop by 15-20% in 2013 to about 40,000-42,500 tonnes.

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