Friday, September 06, 2013

EPIC AGRI COMMODITY UPDATE:MENTHA OIL


Menthaoil trading range for the day is 913.2-959.
Menthaoil spot is at 1034/-. Spot market is down by Rs.4/-.
Mentha Oil edged lower amid sluggish demand in the spot market against increased supplies from producing region.
Sentiments weakened further due to higher production prospects, high stock levels and reports of better sowing.
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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