Thursday, October 15, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 15 OCTOBER 2015

Menthaoil trading range for the day is 854-884.

Mentha oil spot at Sambhal closed at 1010.00 per 1kg. Spot prices is up by Rs.4.90/-.

Mentha oil prices gained supported by rising demand in domestic markets amid restricted supplies from the major producing regions.

Further, expectations of lower production from the major producing belts too influenced mentha oil prices uptrend.

At Sambhal market estimated market supply was at 100 Drums(1-drum=180kg), down by 25 Drums(1-drum=180kg) as compared to previous day.


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