EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 23 AUGUST 2016

Menthaoil trading range for the day is 875.8-891.2. Mentha oil spot at Sambhal closed at 1036.50 per 1kg. Spot prices is up by Rs.3.00/-. Mentha oil prices ended with losses amid muted physical demand from major consuming industries in the domestic spot market. Markets had remained weak for quite sometime from lack of demand amidst reports of higher sowing activities. 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