EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 14 DECEMBER 2016

Menthaoil trading range for the day is 959-1031.8. Mentha oil spot at Sambhal closed at 1056.20 per 1kg. Spot prices is up by Rs.4.20/-. Mentha oil gained amid rising demand in the domestic spot market. Stock positions of Mentha in MCX accredited warehouses were around 11459 drums which is 27 drums less against the previous day. Trade sources estimate that total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season. To get reliable and quality NCDEX Tips ✆ – 0731-6642300