EPIC RESEARCH MCX MENTHAOIL UPDATE OF 04 July 2018

Menthaoil trading range for the day is 1267-1344.8.

Mentha oil spot at Sambhal closed at 1540.70 per 1kg. Spot prices was up by Rs.58.10/-.

Mentha oil settled up taking positive cues from the spot market on surging demand from consuming industries.

Prices also seen supported due to restricted supplies from the major producing belts of Chandausi in Uttar Pradesh.

Arrivals in Sambhal stood at 400 drums compared to 350 drum a day ago while in Barabanki supplies rose to 500 drums from 450 drums a day earlier.

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