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EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 16 MARCH 2017

Menthaoil trading range for the day is 985.3-1035.3.Mentha Oil spot at Sambhal closed at 1153.30 per 1kg. Spot prices was down by Rs.-2.40/-.Menthaoil prices dropped on fresh selling after the speculation that sowing activity had been inceresed in key production area of UP. Further, ample stocks position on higher supplies from major producing belts of Chandausi in Uttar Pradesh, too influenced prices.At Sambhal market arrivals were reported at 70 Drums(1-drum=180kg), higher by 20 Drums(1-drum=180kg) from previous trading day.

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EPIC RESEARCH NCDEX MENTHA OIL UPDATE OF 16 MARCH 2017

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