Friday, September 20, 2013

EPIC AGRI COMMODITY UPDATE:MENTHA OIL


Menthaoil trading range for the day is 842-877.4.
Menthaoil spot is at 970/-. Spot market is down by Rs.6/-.
Mentha oil ended with losses as higher stocks and better production reports weighed on prices.
The area under Mentha crop this year expected higher at 2.10 lakh hectares.
The total mentha oil production is expected to be in the range of 52000-55000 tonnes in the current year, up almost 10-12% from the last year.

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