EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 16 AUGUST 2016

Menthaoil trading range for the day is 898.6-916.2.Mentha oil spot at Sambhal closed at 1047.80 per 1kg. Spot prices is up by Rs.3.90/-. Mentha oil edged higher driven by rising demand from consuming industries at the spot market. Besides, tight stocks position following restricted arrivals from major producing belts of Chandausi in Uttar Pradesh also added support.Mint product exports have declined substantially from the export basket by 18% in terms of volume and 4% in terms of value year-on-year.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co