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Tuesday, May 09, 2017

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 9-May- 2017

  • Menthaoil trading range for the day is 898.1-917.5. 
  • Mentha oil spot at Sambhal closed at 1048.20 per 1kg. Spot prices was down by Rs.-19.30/-. 
  • Menthaoil dropped amid of reports that carryover stocks are huge against the current consumption level, while the stocks is also been sufficient. 
  • Downside seen limited on expectations that demand from the pharmaceutical industries might pick-up in coming days. 
  •  India exported 21,150 metric tonnes of mentha and allied products, valued at Rs 2,577.59 crore in FY16.
For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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