Friday, September 29, 2017

EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 29 SEPTEMBER 2017


  • Menthaoil trading range for the day is 1162.8-1193.8.
  • Mentha oil spot at Sambhal closed at 1331.90 per 1kg. Spot prices was up by Rs.6.80/-.
  • Mentha oil prices ended with losses amid sluggish demand from consuming industries in the spot market.
  • Further, ample stock position on increased supplies from Chandausi in Uttar Pradesh too weighed on mentha oil prices.
  • Due to the increased production and usage of synthetic mentha in the recent years, demand for natural mentha has decreased.

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