Sunday 12 October 2014

Capital stroke NCDEX Update : MENTHA OIL 13 October 2014


Menthaoil trading range for the day is 676-708.
Menthaoil spot is at 772/-. Spot market is up by Rs. 22/-.
Mentha oil prices gained on the back of rising demand from consuming industries in the spot market.
Tight stocks position in the physical market due to restricted arrivals from Chandausi in Uttar Pradesh, too supported mentha oil prices
Sources estimate the area under mentha planting at 17,500 hectares this season, 20 per cent down

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