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Friday 30 November 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 30 November 2018

Menthaoil trading range for the day is 1667.1-1729.1.

* Mentha oil spot at Sambhal closed at 1870.80 per 1kg. Spot prices was up by Rs.29.00/-.

* Menthaoil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.

* According to preliminary estimates, mentha oil production in 2018-19 would be 40,000-45,000 ton against last year's production of 35,000 tons.

* However, in recent years, the growth in production and consumption of synthetic mentha has influenced the demand for natural mentha.

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