EPIC AGRI COMMODITY UPDATE:MENTHA OIL

[epicresearch]

Menthaoil trading range for the day is 871.9-916.9.Menthaoil spot is at 995/-. Spot market is down by Rs.12/-.Mentha oil ended with losses tracking weakness in spot demand amid profit booking. Steady demand was mainly seen in the wake of anticipation of poor sowing acreage in the season The market picture for mentha oil looks weak as higher output and high stock levels put a stop on the markets from recovering in a big way.