Monday, March 28, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 28 MARCH 2016


Menthaoil trading range for the day is 809.2-841.2.
Mentha oil spot at Sambhal closed at 1001.20 per 1kg. Spot prices is up by Rs.2.30/-.
Mentha oil prices ended with gains tracking improved demand from consuming industries at the spot market.
Besides, restricted supplies from major producing belts of Chandausi in Uttar Pradesh also supported mentha oil prices.
Prices also seen supported in the anticipation that current year production can slip more that 35% due to lower plantings

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