Wednesday 20 August 2014

Capital stroke NCDEX Update : MENTHA OIL 20 August 2014




Menthaoil trading range for the day is 701.5-723.9.
Menthaoil spot is at 789/-. Spot market is down by Rs.3/-.
Mentha oil prices ended with losses due to profit-booking due to sluggish demand from consuming industries in the spot market.
Further, increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh too weighed on prices.

At Chandausi market, arrivals were reported at 25 Drums(1-drum-180kg), up by 5 Drums(1-drum-180kg) from previous day’s arrivals

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