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Wednesday 6 March 2019

EPIC RESEARCH MCX Menthaoil UPDATE OF 6 March 2019

Menthaoil trading range for the day is 1565.3-1647.1.

* Mentha oil spot at Sambhal closed at 1720.90 per 1kg. Spot prices was up by Rs.12.50/-.

* Menthaoil dropped due to low demand at major physical centers.

* Pressure also seen amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

* Mentha sowing may witness a huge jump this year because of high returns farmers experienced the whole of last year.

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