EPIC RESEARCH MCX Menthaoil UPDATE OF 28 December 2018

Posted by Commodity Updates by Epic Research on 12:40:00 with No comments


Menthaoil trading range for the day is 1503-1577.

* Mentha oil spot at Sambhal closed at 1685.10 per 1kg. Spot prices was up by Rs.17.20/-.

* Menthaoil settled up due to bullish demand outlook from domestic market as well as exporters.

* Spot markets are also witnessing strong consumption demand amid restricted supplies.

* According to 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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