Friday, October 23, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 23 OCTOBER 2015

Menthaoil trading range for the day is 859.2-891.8.
Mentha oil spot at Sambhal closed at 1024.70 per 1kg. Spot prices is up by Rs.6.40/-.
Mentha oil gains driven by tight supplies from producing belts in the physical market.
Further, pick-up in demand from consuming industries too led to rise in mentha oil prices.


Mentha oil production in India is likely to decline by 20% due to lower plantings of the aromatic herb on falling prices in the last two years. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

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