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EPIC AGRI COMMODITY UPDATE:MENTHA OIL

Posted: Thu Oct 03, 2013 11:22 pm
by epicresearch
Menthaoil trading range for the day is 852.8-898.Menthaoil spot is at 970/-. Spot market is down by Rs. 5/-.Mentha oil ended with losses due to higher production prospects, high stock levels and reports of better sowing.Winter season demand expected to pick up in coming months, the downtrend seems limitedBetter crop and higher stocks could however prevent rates from moving up significantly.