Friday, 9 May 2014

Capital stroke NCDEX Update : MENTHA OIL  9 MAY 2014

Menthaoil trading range for the day is 835.3-894.1.

Menthaoil spot is at 980/-. Spot market is up by Rs.25/-.

Mentha oil ended with gains driven by pick-up in spot demand from consuming industries against tight arrivals from the major producing belts.

Further, weak sowing progress in local mandies along with strong export demand too supported mentha oil prices.

Sources reported arrivals at 30 Drums (1-drum=180kg), unchanged as compared to previous day’s arrival.


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