EPIC RESEARCH MCX Menthaoil UPDATE OF 22 February 2019

Menthaoil trading range for the day is 1573.8-1693.4.

* Mentha oil spot at Sambhal closed at 1722.70 per 1kg. Spot prices was up by Rs.4.50/-.

* Menthaoil settled down 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.

* Mentha sowing may witness a huge jump this year because of high returns farmers experienced the whole of last year.

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