Capital stroke NCDEX Update : MENTHA OIL 2 JULY 2014

Menthaoil trading range for the day is 725.7-758.3.Menthaoil spot is at 776/-. Spot market is down by Rs.2/-.Mentha oil ended with losses as pressure seen as arrivals of the new crop being on the higher side. Weather, as of now, remained favorable in UP for proper harvesting process.Prospects of rains in the coming days could however adversely affect the harvesting and provide some support to the falling market sentiments.

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