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Friday, 14 September 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 14 September 2018

Menthaoil trading range for the day is 1715.6-1838.4.

* Mentha oil spot at Sambhal closed at 1919.90 per 1kg. Spot prices was up by Rs.3.10/-.

* Mentha oil dropped on profit booking amid subdued demand at the spot market.

* Further, ample stock positions on higher supplies from the major producing belts of Chandausi in Uttar Pradesh too weighed on mentha oil prices.

* Anticipation of bumper crop harvest and nearing of harvesting season adding negativity to the market.

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