EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 24 November 2016

Menthaoil trading range for the day is 892.3-945.7. Mentha oil spot at Sambhal closed at 1050.00 per 1kg. Spot prices is down by Rs.-8.00/-. Mentha oil prices dropped amid downtick in physical demand due to sufficient stocks position on higher supplies. According to sources, fears of lower output and rising demand hoarders have started hoarding mentha oil. The total production is expected to be in the range of 35000-37000 tons for this year.To get reliable and quality NCDEX Tips ✆ – 0731-6642300