EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 8-May-2017

• Menthaoil trading range for the day is 902.5-933.3. 
  
• Mentha oil spot at Sambhal closed at 1067.50 per 1kg. Spot prices was up by Rs.1.20/-. 
• Mentha oil dropped but prices recovered from lows due to improved demand against limited arrivals from producing belts. 
•  Downside also seen limited on expectations that demand from the pharmaceutical industries might pick-up in coming days. 
• India exported 21,150 metric tonnes of mentha and allied products, valued at Rs 2,577.59 crore in FY16.
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