Wednesday, April 12, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 12 April 2017

  • Menthaoil trading range for the day is 966.8-996.4. 
  • Mentha oil spot at Sambhal closed at 1118.40 per 1kg. Spot prices was down by Rs.-14.90/-. 
  • Mentha oil prices ended with losses amid easing demand at the spot market. 
  • Further, ample stocks position on increased supplies from Chandausi in Uttar Pradesh too led to the decline in mentha oil prices. 
  • Prices also remained under pressure on speculation that the area under cultivation can increase this year resulting good production.
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