EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 05 DECEMBER 2016

Menthaoil trading range for the day is 954.5-1001.3. Mentha oil spot at Sambhal closed at 1059.70 per 1kg. Spot prices is down by Rs.-3.30/-. Mentha oil dropped on profit booking driven by easing demand at the spot market. Trade sources estimate that total area under Mentha planting has dropped by 20% to 1.75 lakh ha this season. At Barabanki market arrivals were reported at 50 Drums(1-drum-180kg), up by 20 Drums(1-drum-180kg) from previous trading day. To get reliable and quality NCDEX Tips ✆ – 0731-6642300