Monday, 14 July 2014

Capital stroke NCDEX Update : MENTHA OIL 15 July 2014




Menthaoil trading range for the day is 686.8-747.
Menthaoil spot is at 790/-. Spot market is down by Rs.31/-.
Mentha oil prices dropped triggered by subdued demand in the spot market against higher supplies.

The prices weakened further on the expectations of higher production due to favorable weather conditions during the sowing and growth stages.

In Bareilly arrivals were reported at 25 Drums(1-drum-180kg), higher by 10 Drums(1-drum-180kg) from previous day’s arrivals.

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