Tuesday, December 11, 2018

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 11 DECEMBER 2018


  • Menthaoil trading range for the day is 1510-1554.4.
  • Mentha oil spot at Sambhal closed at 1716.30 per 1kg. Spot prices was down by Rs.-78.10/-.
  • Menthaoil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.
  • According to preliminary estimates, mentha oil production in 2018-19 would be 40,000-45,000 ton against last year's production of 35,000 tons.
  • However, there could be chances of crop damage to certain extend due to unfavourable weather condition.

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