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Thursday 13 December 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 13 December 2018



Menthaoil trading range for the day is 1438.6-1574.6.

* Mentha oil spot at Sambhal closed at 1693.70 per 1kg. Spot prices was down by Rs.-49.30/-.

* 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, there could be chances of crop damage to certain extend due to unfavourable weather condition.


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