EPIC RESEARCH MCX MENTHAOIL UPDATE OF 16 July 2018

Menthaoil trading range for the day is 1526.8-1641.8.

* Mentha oil spot at Sambhal closed at 1859.80 per 1kg. Spot prices was up by Rs.80.30/-.

* Mentha oil prices ended with gains amid rise in demand from consuming industries at the spot market.

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

* There could be chances of crop damage to certain extend due to unfavourable weather condition.

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