Monday, December 04, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 4 DECEMBER 2017

  • Menthaoil trading range for the day is 1785.3-2005.3.
  • Mentha oil spot at Sambhal closed at 2047.40 per 1kg. Spot prices was up by Rs.31.70/-.
  • Mentha oil settled up following strong demand as supply of synthetic menthol from the world’s biggest supplier has slowed down.
  • According to the market sources, traders have raised their holdings on the back of pick-up in spot demand from consuming industries.
  • Tight stock positions due to restricted arrivals from the major producing belts of Chandausi is also giving support to the mentha prices.

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