EPIC RESEARCH MCX Menthaoil UPDATE OF 21 November 2018

Menthaoil trading range for the day is 1616.2-1734.6.

* Mentha oil spot at Sambhal closed at 1819.40 per 1kg. Spot prices was down by Rs.-60.40/-.

* Mentha oil prices ended with losses due to surge in arrivals and tepid demand from domestic market weighed on prices.

*Arrivals of mentha oil in Sambhal market doubled to 100 drums (1 drum = 180 kg).

* The supply of mentha oil in Chandausi, Uttar Pradesh's major producing area of mentha oil, has increased.


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