EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 08 DECEMBER 2016

Menthaoil trading range for the day is 944.4-988.4. Mentha oil spot at Sambhal closed at 1050.20 per 1kg. Spot prices is down by Rs.-19.50/-. Mentha oil prices dropped driven by sluggish demand at the spot market. Pressure also seen on prices amid ample stocks position on higher supplies from producing regions of Chandausi in Uttar Pradesh. At Bareilly market sources reported arrivals at 5 Drums(1-drum-180kg), up by 4 Drums(1-drum-180kg) as against previous day. To get reliable and quality NCDEX Tips ✆ – 0731-6642300