EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 29 DECEMBER 2016

Menthaoil trading range for the day is 1022.9-1055.5. Mentha oil spot at Sambhal closed at 1125.50 per 1kg. Spot prices is down by Rs.-3.10/-. Mentha oil prices ended with losses driven by muted demand in the 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 Chandausi market total arrivals are at 10 Drums(1-drum-180kg), down by 5 Drums(1-drum-180kg) as compared to previous day. To get reliable and quality NCDEX Tips ✆ – 0731-6642300