EPIC RESEARCH MCX Menthaoil UPDATE OF 20 February 2019

Menthaoil trading range for the day is 1632.5-1685.9.

* Mentha oil spot at Sambhal closed at 1718.50 per 1kg. Spot prices was down by Rs.-7.50/-.

* Menthaoil prices dropped due to low demand at major physical centers.

* Pressure also seen amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

* Actually, this time demand was high in the market and availability of Mentha Oil was low.


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