EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 06 JANUARY 2016

Menthaoil trading range for the day is 885.5-905.3.
Mentha oil spot at Sambhal closed at 1036.00 per 1kg. Spot prices is up by Rs.2.80/-.
Mentha oil gained supported by pickup in demand from consuming industries in the spot market.
Further, tight stocks position on restricted supplies from Chandausi in Uttar Pradesh, too supported the upside.
Global demand too is expected to rise at these lower levels in coming weeks.


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