EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 27 October 2016

Menthaoil trading range for the day is 894.7-924.1. Mentha oil spot at Sambhal closed at 1034.00 per 1kg. Spot prices is up by Rs.3.20/-. Menthaoil settled up due to rising demand against restricted arrivals from the major producing belts. The preliminary mandi source suggests that production of menthol is likely to be around 34-35000 tonnes during 2016-17. At Rampur market, sources reported arrivals at 6 Drums(1-drum=180kg), up by 1 Drums(1-drum=180kg) from previous trading day. To get reliable and quality NCDEX Tips ✆ – 0731-6642300