Monday, July 30, 2018

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 30 JULY 2018


  • Menthaoil trading range for the day is 1536.8-1591.8. 
  • Mentha oil spot at Sambhal closed at 1817.40 per 1kg. Spot prices was down by Rs.-12.60/-.
  • Mentha oil dropped amid subdued demand from consuming industries at the spot market.
  • Further, ample stock positions on higher supplies from the major producing belts of Chandausi in Uttar Pradesh too weighed on mentha oil prices.
  • Anticipation of bumper crop harvest and nearing of harvesting season adding negativity to the market.

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