EPIC RESEARCH NCDEX MENTHAOIL UPDATE OF 29 JULY 2016

Menthaoil trading range for the day is 892.2-969.2. Mentha oil spot at Sambhal closed at 1063.50 per 1kg. Spot prices is down by Rs.-7.60/-.
Mentha oil prices ended with losses on profit booking after prices gained amid reports of crop damage in major plant growing regions.
Currently, mentha crop is been harvested and reports of heavy rainfall in the major growing areas in Uttar Pradesh affected arrivals.
The preliminary mandi source suggests that production of menthol is likely to be around 34-35000 tonnes during 2016-17.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co