EPIC RESEARCH MCX Menthaoil UPDATE OF 17 September 2018

Posted by Commodity Updates by Epic Research on 12:48:00 with No comments


Menthaoil trading range for the day is 1681.9-1782.5.

* Mentha oil spot at Sambhal closed at 1908.90 per 1kg. Spot prices was down by Rs.-1.40/-.

* Mentha oil prices dropped amid subdued demand at the spot market and ample stock positions on higher supplies.

* Anticipation of bumper crop harvest and nearing of harvesting season adding negativity to the market.

* As per preliminary estimates, acreage under mentha crop will rise this year as the farmers are encouraged by higher price in recent past.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+