EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 28 AUGUST 2015

Menthaoil trading range for the day is 949.2-994. Mentha oil spot at Sambhal closed at 1076.80 per 1kg.

Spot prices is up by Rs.2.00/-. Mentha oil prices ended with gains driven by strong demand at spot markets from consuming industries.

Besides, restricted arrivals from Chandausi in Uttar Pradesh too influenced mentha oil prices.

Sources estimate total area under mentha planting reported a decline of 20% to 1.75 lakh ha this season

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