Tuesday, August 04, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 04 AUGUST 2015

Menthaoil trading range for the day is 900.4-976.4.

Mentha oil spot at Sambhal closed at 1031.40 per 1kg. Spot prices is down by Rs.-6.70/-.

Mentha oil prices dropped amid sluggish demand from consuming industries in the spot market.

Besides, ample stocks in the physical markets following increased arrivals from producing regions too added pressure on mentha oil prices.

At Sambhal market estimated market supply was at 50 Drums (1-drum=180kg), down by 50 Drums (1-drum=180kg) from previous trading day.

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