Monday, October 15, 2018

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 15 OCTOBER 2018

  • Menthaoil trading range for the day is 1666.9-1717.7.
  • Mentha oil spot at Sambhal closed at 1865.60 per 1kg. Spot prices was up by Rs.12.10/-.
  • Mentha oil dropped as spot markets are witnessing low demand amid adequate supply which weighed on prices.
  • Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.
  • Arrivals in Sambhal stood at 400 drums compared to 350 drum a day ago while in Barabanki supplies rose to 500 drums from 450 drums a day earlier. 

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