EPIC RESEARCH NCDEX UPDATE OF MENTHAOIL 20 April 2017

• Menthaoil trading range for the day is 917.9-972.1. 
  
• Mentha oil spot at Sambhal closed at 1095.00 per 1kg. Spot prices was down by Rs.-15.60/-. 
• Mentha oil dropped on the speculation the area under cultivation can increase this year resulting good production. 
• A better price recovery in mentha oil is expected to boost production of the crop by 12% this year. 
• A large number of small and marginal farmers from Uttar Pradesh, Himachal Pradesh, Haryana and other places sowed mentha in January.

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