Friday, December 20, 2013

EPIC AGRI COMMODITY UPDATE: MENTHA OIL



Menthaoil trading range for the day is 822-841.2.
Menthaoil spot is at 948/-. Spot market remains unchanged.
Mentha oil ended with gains tracking a firm trend at spot market on rising demand from consuming industries.
The total opening stocks of the current year were also estimated higher at 12 thousand tonnes against 8 thousand tonnes that were reported last year
Sources suggested that strong demand is mainly on the account of possibility of poor sowing acreage in the next season


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