Friday, March 18, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 18 MARCH 2016

Menthaoil trading range for the day is 853.5-898.3.
Mentha oil spot at Sambhal closed at 1030.90 per 1kg. Spot prices is down by Rs.-4.50/-.
Mentha oil prices dropped driven by subdued demand from consuming industries at the domestic spot market.
Further, rising arrivals from major producing regions of Chandausi in Uttar Pradesh also fuelled the downtrend.
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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