EPIC RESEARCH MCX Menthaoil UPDATE OF 06 September 2018

Posted by Commodity Updates by Epic Research on 12:03:00 with No comments


Menthaoil trading range for the day is 1620.2-1749.

* Mentha oil spot at Sambhal closed at 1842.60 per 1kg. Spot prices was down by Rs.-39.90/-.

* Mentha oil dropped amid subdued demand from consuming industries at the spot market.

* Further, anticipation of bumper crop harvest too added pressure on mentha oil prices.

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

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