Thursday, September 21, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 21 SEPTEMBER 2017

  • Menthaoil trading range for the day is 1151.2-1199. 
  • Mentha oil spot at Sambhal closed at 1340.40 per 1kg. Spot prices was up by Rs.1.20/-.
  • Mentha oil prices gained following pick-up in demand from consuming industries in the spot market.
  • Further, restricted supplies from major producing belts of Chandausi in Uttar Pradesh, too supported mentha oil prices.
  • Stock positions of mentha in MCX accredited warehouses were around 10790 drums which is 301 drums less in comparison to previous day.

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