Monday, December 17, 2018

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 17 DECEMBER 2018


  • Menthaoil trading range for the day is 1463.8-1512.4.
  • Mentha oil spot at Sambhal closed at 1697.50 per 1kg. Spot prices was down by Rs.-17.30/-.
  • Mentha oil dropped as spot markets are witnessing low demand amid adequate supply which weighed on prices.
  • Low demand outlook in mentha oil in domestic as well as global market due to expectation of recovery in Indian Rupee.
  • Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users. 

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