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Friday, 30 May 2014

Capital stroke NCDEX Update : MENTHA OIL 30 MAY 2014

Menthaoil trading range for the day is 804.2-837.6.
Menthaoil spot is at 890/-. Spot market is down by Rs. 18/-.
Mentha oil prices ended with losses amid subdued spot market demand.
Ample stocks position following increased arrivals from Chandousi in Uttar Pradesh too added pressure on mentha prices.

The total sowing acreage of mentha oil is expected to decline by 20-25% in the current year

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