EPIC RESEARCH MCX Menthaoil UPDATE OF 2 November 2018

Posted by Commodity Updates by Epic Research on 11:34:00 with No comments


Menthaoil trading range for the day is 1791.4-1840.4.

* Mentha oil spot at Sambhal closed at 1941.60 per 1kg. Spot prices was up by Rs.20.80/-.

* 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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