Wednesday, November 29, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 29 NOVEMBER 2017


  • Menthaoil trading range for the day is 1735.7-1828.5.
  • Mentha oil spot at Sambhal closed at 1948.00 per 1kg. Spot prices was up by Rs.1.30/-.
  • Mentha oil settled up following strong demand as supply of synthetic menthol from the world’s biggest supplier has slowed down.
  • According to the market sources, traders have raised their holdings on the back of pick-up in spot demand from consuming industries.
  • Tight stock positions due to restricted arrivals from the major producing belts of Chandausi is also giving support to the mentha prices.

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