EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 22 MARCH 2017

• Menthaoil trading range for the day is 980.4-1002.8. 
  
• Mentha oil spot at Sambhal closed at 1135.20 per 1kg. Spot prices was down by Rs.-1.00/-. *
• Mentha oil prices dropped triggered by sluggish demand from consuming industries at the spot market. 
• Pressure also seen on the speculation the area under cultivation can increase this year resulting good production. 
• Total production of mentha oil during the current season is 32,000-34,000 tonnes against preliminary estimates of around 40,000 tonnes.

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