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Monday, 17 December 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 17 December 2018


Menthaoil trading range for the day is 1463.8-1512.4.

* Mentha oil spot at Sambhal closed at 1697.50 per 1kg. Spot prices was down by Rs.-17.30/-.

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

* Low demand outlook in mentha oil in domestic as well as global market due to expectation of recovery in Indian Rupee.

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


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