EPIC RESEARCH NCDEX UPDATE OF MENTHA OIL 13 JUNE 2018

• Menthaoil trading range for the day is 1099.7-1169.7.
  
• Mentha oil spot at Sambhal closed at 1273.10 per 1kg. Spot prices was down by Rs.-44.20/-.
• Mentha oil prices dropped amid a fall in demand from consuming industries at the spot market.
• Further, ample stocks position on increased supplies from the major producing belts of Chandausi in Uttar Pradesh too weighed.
• As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher prices.

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