EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 09 MARCH 2017

Menthaoil trading range for the day is 1014.8-1042.4. Mentha oil spot at Sambhal closed at 1154.50 per 1kg. Spot prices was down by Rs.-7.00/-. 

Mentha oil ended with losses tracking muted demand from consuming industries at the spot market.  Further, higher supplies from major producing belts of Chandausi in Uttar Pradesh also fuelled the downtrend.   At Chandausi market arrivals were reported at 25 Drums(1-drum-180kg), up by 10 Drums(1-drum-180kg) from previous trading day.

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