EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 16 OCTOBER 2015

Menthaoil trading range for the day is 857.5-885.1.
Mentha oil spot at Sambhal closed at 1011.80 per 1kg. Spot prices is up by Rs.1.80/-.
Mentha oil gained taking positive cues from the spot market on rising demand and restricted supplies from the major producing regions.
Further, hopes of lower output from the major producing belts too supported mentha oil prices uptrend.


Sources estimate total area under mentha planting reported a decline of 20% to 1.75 lakh ha this season For more information ✆ - 0731-6642300 on MCX Tips or Visit http://www.epicresearch.co