Monday 20 October 2014

Capital stroke NCDEX Update : MENTHA OIL 20-October-2014



Menthaoil trading range for the day is 662.6-687.2.
Menthaoil spot is at 760/-. Spot market is up by Rs. 4/-.
Mentha oil prices ended with gains amid rising demand from consuming industries in the spot market.
Besides, restricted arrivals from Chandausi in Uttar Pradesh and some export enquiries too supported mentha oil prices uptrend.
Sources estimate oil production at 55,000 tonnes in 2013-14, of which 40 per cent was unsold and carried over for 2014-15.


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