EPIC RESEARCH MCX Menthaoil UPDATE OF 4 January 2019

Menthaoil trading range for the day is 1560.6-1645.8.

* Mentha oil spot at Sambhal closed at 1725.70 per 1kg. Spot prices was down by Rs.-7.30/-.

* Mentha oil prices gained amid surge in demand amid low supply.

* Export demand of oil and its derivatives in global market is likely to be improved due to recovery in currency which is supportive for prices

* Farmers have started preparing to harvest mentha this time in many villages of Saheb Tehsil.


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