Wednesday, March 30, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 30 MARCH 2016

Menthaoil trading range for the day is 836.4-864.
Mentha oil spot at Sambhal closed at 1006.60 per 1kg. Spot prices is down by Rs.-2.10/-.
Mentha oil prices dropped on the back of sluggish demand from consuming industries at domestic spot market.
As per market survey the total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season.
At Rampur market total arrivals are at 5 Drums(1-drum=180kg), higher by 2 Drums(1-drum=180kg) from previous day’s arrivals.
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