EPIC RESEARCH MCX Menthaoil UPDATE OF 30 October 2018

Posted by Commodity Updates by Epic Research on 11:54:00 with No comments

Menthaoil trading range for the day is 1772.3-1836.3.

* Mentha oil spot at Sambhal closed at 1944.40 per 1kg. Spot prices was up by Rs.24.20/-.

* 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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