Monday, July 03, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 3 july 2017


  • Menthaoil trading range for the day is 882.8-906.
  • Mentha oil spot at Sambhal closed at 1002.70 per 1kg. Spot prices was down by Rs.-2.30/-.
  • Mentha oil prices holding below 900 level remains weak as demand is weak ahead of GST as traders are avoiding fresh buying from market.
  • As per sources, new crops are arriving in the physical market due to which supply is more in the spot market.
  • It is expected that this year production might increase around 15% which is also creating pressure on the mentha prices.

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