Thursday 31 July 2014

Capital stroke NCDEX Update : MENTHA OIL 1 August 2014




Menthaoil trading range for the day is 697.2-718.2.
Menthaoil spot is at 778/-. Spot market is down by Rs. 2/-.

Mentha oil prices dropped due to lower demand from consuming industries in the spot market.
Further, higher supplies from Chandausi in Uttar Pradesh too added pressure on mentha oil prices.


Demand is likely to pick up in the coming days that could support the prices which have fallen a lot over last few months.

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