EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 19 JANUARY 2016

Menthaoil trading range for the day is 865.7-881.1.
Mentha oil spot at Sambhal closed at 1016.00 per 1kg. Spot prices is down by Rs.-6.70/-.
Mentha oil prices ended with losses amid subdued demand from consuming industries at the spot market.
Further, ample stocks position on higher supplies from major producing belts, too fuelled the downtrend.
The undertone was mixed in the physical markets as participants were unable to receive adequate inputs for price discovery.


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