Wednesday 16 July 2014

Capital stroke NCDEX Update : MENTHA OIL 17 July 2014




Menthaoil trading range for the day is 684.8-734.8.
Menthaoil spot is at 792/-. Spot market is up by Rs.7/-.
Mentha oil prices gained on tight stocks position in the physical market due to restricted arrivals from the major producing belts.
Further, good demand from consuming industries in the spot market too supported the prices.

But, expectations of higher output from the major producing belts capped gains on mentha oil prices

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