Thursday, March 23, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 23 MARCH 2017

  • Menthaoil trading range for the day is 948.3-999.5. 
  • Mentha oil spot at Sambhal closed at 1119.20 per 1kg. Spot prices was down by Rs.-16.00/-. 
  • Mentha oil dropped on fresh selling after the speculation that sowing activity had been inceresed in key production area. 
  • Mentha oil prices also dropped on account of muted demand from major consuming industries in the domestic spot market. 
  •  At Barabanki market estimated market supply was at 60 Drums (1-drum-180kg), higher by 10 Drums (1-drum-180kg) from previous day’s.
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