EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 26 DECEMBER 2016

Menthaoil trading range for the day is 1008.6-1053.4. Mentha oil spot at Sambhal closed at 1123.90 per 1kg. Spot prices is up by Rs.6.20/-. Menthaoil settled as pressure seen due to profit booking amid downtick in demand industries in the domestic spot market. Total production of mentha oil during the current season is 32,000-34,000 tonnes against preliminary estimates of around 40,000 tonnes. At Sambhal market total arrivals are at 80 Drums(1-drum=180kg), higher by 40 Drums(1-drum=180kg) as against previous day. To get reliable and quality NCDEX Tips ✆ – 0731-6642300