EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 21 October 2016

Menthaoil trading range for the day is 903.1-919.5. Mentha oil spot at Sambhal closed at 1044.10 per 1kg. Spot prices is down by Rs.-3.50/-. Mentha oil on prices ended with losses amid lackluster demand in the domestic spot market. However, insufficient stocks position on restricted supplies from major producing belts of Chandausi in Uttar Pradesh restricted some losses. China and Japan have reduced their buying quantity in the recent past due to the economic slowdown had impacted Mint product's exports. To get reliable and quality NCDEX Tips ✆ – 0731-6642300