Tuesday, May 12, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 12 MAY 2015

Menthaoil trading range for the day is 874.1-953.1.

Menthaoil spot is at 1040/-. Spot market is down by Rs.11/-. Mentha oil prices ended with losses amid lower demand from consuming industries in the spot market.

Further, ample stocks position in the physical market too added pressure on mentha oil prices.

Mentha oil production is expected to fall this year by 30 per cent to 40,000 tonnes from 55,000 tonnes a year agoFor more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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