Tuesday, 3 June 2014

Capital stroke NCDEX Update : MENTHA OIL 4 June 2014




Menthaoil trading range for the day is 800.7-817.3.
Menthaoil spot is at 865/-. Spot market is down by Rs.21/-.
Mentha oil prices dropped driven by weak demand in the spot market.
Further, ample stocks position following higher supplies from Chandousi in Uttar Pradesh too added pressure on mentha oil prices.
In Barabanki estimated market supply was at 90 Drums (1-drum-180kg), unchanged as compared to
previous day’s arrival.

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