EPIC RESEARCH MCX Menthaoil UPDATE OF 20 February 2019

Menthaoil trading range for the day is 1632.5-1685.9.
* Mentha oil spot at Sambhal closed at 1718.50 per 1kg. Spot prices was down by Rs.-7.50/-.
* Menthaoil prices 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.
* Actually, this time demand was high in the market and availability of Mentha Oil was low.
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