Thursday, February 11, 2016

EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 11 FEBRUARY 2016

Menthaoil trading range for the day is 884.2-924.6. Mentha oil spot at Sambhal closed at 1042.30 per 1kg. Spot prices is down by Rs.-4.00/-. Mentha oil prices ended with losses amid tepid demand from consuming industries at the spot market. Investors are flocking to mentha oil in anticipation of an increase in prices owing to a 36% fall in production this year. The total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season
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