Thursday, September 26, 2013

EPIC AGRI COMMODITY UPDATE:MENTHA OIL


Menthaoil trading range for the day is 851.1-886.3.
Menthaoil spot is at 975/-. Spot market is up by Rs.3/-.
Mentha oil ended with gains on the account of strong demand with the anticipation of weak production next year.
Strong demand is mainly on the account of possibility of poor sowing acreage in the next season
Mentha oil Production this year expected higher at more than 60000 tons versus 50000 tons last year due to higher demand

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