EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 20 October 2016

Menthaoil trading range for the day is 896.4-935.8. Mentha oil spot at Sambhal closed at 1047.60 per 1kg. Spot prices is down by Rs.-9.20/-. Mentha oil prices ended with losses on profit booking after prices gained in last couple of sessions. China and Japan have reduced their buying quantity in the recent past due to the economic slowdown had impacted Mint product's exports. Hence, overall mentha oil output for 2016-17 is now revised upwards at 32,000 tonnes. To get reliable and quality NCDEX Tips ✆ – 0731-6642300