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Wednesday 26 December 2018

EPIC RESEARCH MCX Menthaoil UPDATE OF 26 December 2018

Menthaoil trading range for the day is 1376.3-1565.3.

* Mentha oil spot at Sambhal closed at 1639.50 per 1kg. Spot prices was down by Rs.-22.30/-.

* Menthaoil settled up due to bullish demand outlook from domestic market as well as exporters.

* Spot markets are also witnessing strong consumption demand amid restricted supplies.

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

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