Wednesday, October 07, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 07 OCTOBER 2015

Menthaoil trading range for the day is 818.3-886.7.
Mentha oil spot at Sambhal closed at 988.90 per 1kg. Spot prices is down by Rs.-20.10/-.
Mentha oil prices dropped owing to slackened demand from consuming industries in the spot market.
Besides, ample stocks position on higher supplies from major producing belts in Uttar Pradesh too added pressure on mentha oil prices.
At Barabanki market total arrivals are at 225 Drums(1-drum-180kg), lower by 25 Drums(1-drum-180kg) as against previous day.


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