Tuesday, 12 August 2014

Capital stroke NCDEX Update : MENTHA OIL 13 August 2014




Menthaoil trading range for the day is 687.6-717.
Menthaoil spot is at 780/-. Spot market is up by Rs.7/-.
Mentha oil ended with gains driven by firming trend at spot markets on strong industrial demand.

Further, tight inventories in the physical market due to lower arrivals from the major producing belts too supported.

Demand is 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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