EPIC RESEARCH MCX Menthaoil UPDATE OF 9 November 2018

Posted by Commodity Updates by Epic Research on 12:32:00 with No comments

Menthaoil trading range for the day is 1737.8-1793.6.

Mentha oil spot at Sambhal closed at 1915.10 per 1kg. Spot prices was down by Rs.-42.90/-.

Menthaoil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.

According to preliminary estimates, mentha oil production in 2018-19 would be 40,000-45,000 ton against last year's production of 35,000 tons.

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