EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 23 November 2016

Menthaoil trading range for the day is 897.9-979.1. Mentha oil spot at Sambhal closed at 1058.00 per 1kg. Spot prices is down by Rs.-5.00/-. Mentha oil dropped amid downtick in physical demand for mentha oil. As per sources, during last three weeks around 20 percent arrivals have decreased in the spot markets. According to sources, fears of lower output and rising demand hoarders have started hoarding mentha oil. To get reliable and quality NCDEX Tips ✆ – 0731-6642300