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Monday, 15 October 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 15 October 2018

Menthaoil trading range for the day is 1666.9-1717.7.

* Mentha oil spot at Sambhal closed at 1865.60 per 1kg. Spot prices was up by Rs.12.10/-.

* Mentha oil dropped as spot markets are witnessing low demand amid adequate supply which weighed on prices.

* Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.

* Arrivals in Sambhal stood at 400 drums compared to 350 drum a day ago while in Barabanki supplies rose to 500 drums from 450 drums a day earlier.

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