EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 8 AUGUST 2016

Menthaoil trading range for the day is 914.5-945.1. Mentha oil spot at Sambhal closed at 1067.80 per 1kg. Spot prices is down by Rs.-3.70/-.Mentha oil prices dropped amid a fall in physical demand from major consuming industries in the domestic spot market.The preliminary mandi source suggests that production of menthol is likely to be around 34-35000 tonnes during 2016-17. 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