Sunday 20 July 2014

Capital stroke NCDEX Update : MENTHA OIL 21 July 2014




Menthaoil trading range for the day is 704.5-734.5.
Menthaoil spot is at 810/-. Spot market is up by Rs. 18/-.
Mentha oil prices ended with gains tracking a firm trend at spot markets on strong demand from consuming industries.
Further, tight stocks position in the physical market following restricted arrivals from producing regions too supported the upside.
Sources added that the total production of mentha oil in the current year is likely to be around 35-36 thousand tonnes.

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