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Wednesday, May 20, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 20 MAY 2015

Menthaoil trading range for the day is 911.5-942.1.

Menthaoil spot is at 1035/-.

Spot market is down by Rs.5/-. Mentha oil prices ended with losses amid easing demand from consuming industries in the spot market.

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

Acreage is expected to fall by 20 per cent this year, to 17,500 hectare on the back of a large carry-over stock from last year.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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