Friday, February 26, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 26 FEBRUARY 2016

Menthaoil trading range for the day is 942.9-958.9.
Mentha oil spot at Sambhal closed at 1068.80 per 1kg. Spot prices is up by Rs.1.60/-.
Mentha oil ended with losses driven by weak trend in the spot market on sluggish demand.
However downside seen limited in the anticipation that current year production can slip more that 35% due to lower plantings.


As per market survey the total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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