EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 22 FEBRUARY 2016

Menthaoil trading range for the day is 928.7-953.7.

Mentha oil spot at Sambhal closed at 1066.20 per 1kg. Spot prices is up by Rs.1.00/-.
Mentha oil prices dropped amid sluggish demand from consuming industries in 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.
At Barabanki market arrivals were reported at 200 Drums(1-drum-180kg), up by 50 Drums(1-drum-180kg) from previous day’s arrivals.

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