Thursday, March 31, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 31 MARCH 2016


Menthaoil trading range for the day is 793.8-863.8.
Mentha oil spot at Sambhal closed at 996.40 per 1kg. Spot prices is down by Rs.-10.10/-.
Mentha oil prices ended with losses amid subdued demand from consuming industries at the spot market.
Besides, higher supplies from major growing regions of Chandausi in Uttar Pradesh also weighed on mentha oil.
As per market survey the total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season.

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