Monday 16 June 2014

Capital stroke NCDEX Update : MENTHA OIL 16 June 2014




Menthaoil trading range for the day is 763.8-817.6.
Menthaoil spot is at 811/-. Spot market is down by Rs.54/-.
Mentha oil ended with losses on expectations of higher arrivals from the major producing belts due to favorable weather conditions.
Further, expectations of higher output from the major producing belts too adding pressure on mentha oil prices.
However, increase in domestic as well as export demand capped some losses in mentha oil prices to some extent.

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