EPIC RESEARCH MCX Menthaoil UPDATE OF 17 August 2018

Posted by Commodity Updates by Epic Research on 12:46:00 with No comments

Menthaoil trading range for the day is 1608.8-1704.8.

* Mentha oil spot at Sambhal closed at 1894.80 per 1kg. Spot prices was down by Rs.-14.90/-.

* Mentha oil prices rallied due to bullish demand outlook from domestic market as well as exporters.

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

* Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.


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