EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 19 JANUARY 2017

Menthaoil trading range for the day is 1012.7-1029.1. Mentha oil spot at Sambhal closed at 1124.50 per 1kg. Spot prices is down by Rs.-0.20/-. Mentha oil prices ended with gains amid rising demand at spot market Further, tight stocks position on restricted supplies from major producing belts of Chandausi in Uttar Pradesh, too supported mentha oil prices. At Sambhal market arrivals were reported at 50 Drums(1-drum=180kg), lower by 10 Drums(1-drum=180kg) as compared to previous day. 

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