Thursday, March 17, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 17 MARCH 2016


Menthaoil trading range for the day is 876.5-894.9.
Mentha oil spot at Sambhal closed at 1035.40 per 1kg. Spot prices is down by Rs.-2.80/-.
Mentha oil prices gained tracking rising demand from consuming industries at the domestic spot market.
Besides, restricted supplies from major growing regions of Chandausi in Uttar Pradesh, also added support to mentha oil prices uptrend.
At Sambhal market sources reported arrivals at 105 Drums(1-drum=180kg), down by 5 Drums(1-drum=180kg) from previous trading day.

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