Wednesday, September 13, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 13 SEPTEMBER 2017


  • Menthaoil trading range for the day is 1192.1-1219.7.
  • Mentha oil spot at Sambhal closed at 1369.70 per 1kg. Spot prices was up by Rs.14.50/-.
  • Mentha oil gains amid short covering tracking firmness in spot demand after prices dropped due to tracking higher supply.
  • Stock positions of mentha in MCX accredited warehouses were around 11163 drums which is 136 drums less in comparison to previous day.
  • Total global production stood at around 48,000 tonnes, out of which India produces between 30,000-40,000 tonnes.

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