Wednesday, October 14, 2015

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 14 OCTOBER 2015

Menthaoil trading range for the day is 840.9-879.5.

Mentha oil spot at Sambhal closed at 1005.10 per 1kg. Spot prices is up by Rs.2.70/-.

Mentha oil prices gained due to firming trend at the spot market on pickup in demand against restricted supplies from Chandausi in Uttar Pradesh.

Further, expectations of lower production due to lower plantings of the aromatic herb on falling prices in the last two years too support prices.

Exports for Apr-June 2015-16 however rose to 4250 tons vs 4169 tons same period last year.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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