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Thursday, 20 December 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 20 December 2018

Menthaoil trading range for the day is 1448.5-1509.5.

* Mentha oil spot at Sambhal closed at 1693.00 per 1kg. Spot prices was up by Rs.2.90/-.

* 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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