EPIC RESEARCH MCX Menthaoil UPDATE OF 11 September 2018

Menthaoil trading range for the day is 1776.1-1832.5.

* Mentha oil spot at Sambhal closed at 1970.40 per 1kg. Spot prices was up by Rs.65.40/-.

* Menthaoil settled up tracking firmness in spot demand as farmers and stockists have kept their stocks in hopes of an increase in prices.

* The Mentha Kisan Kalyan Samiti in Barabanki has sent a memorandum to the Chief Minister and sought the help of mentha farmers for their diagnosis.

* Due to double tax, the price of mentha increases, whereas synthetic mentha is much cheaper, so many companies have started using synthetic mentha.

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