Monday, 7 July 2014

Capital stroke NCDEX Update : MENTHA OIL 7 JULY 2014


Menthaoil trading range for the day is 653.6-715.2.Menthaoil spot is at 742/-. Spot market is down by Rs.28/-.Mentha oil ended with losses triggered by higher arrivals from the major producing belts.Expectations of higher production due to favorable weather conditions during the sowing and growth stages also weighed on prices.In Rampur estimated market supply was at 40 Drums(1-drum=180kg), up by 5 Drums(1-drum=180kg) as against previous day.SELL MENTHA OIL JULY @ 690 SL 710 TGT 676.50-660
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