EPIC RESEARCH MCX Menthaoil UPDATE OF 26 February 2019

Menthaoil trading range for the day is 1587.8-1663.4.

* Mentha oil spot at Sambhal closed at 1731.70 per 1kg. Spot prices was up by Rs.9.20/-.

* Mentha oil prices gained amid improved demand from consuming industries at the domestic spot market.

* However, upside seen limited amid expectations of higher acreage under mint in 2019 due to lucrative prices throughout last year.

* Further, lower arrivals from major producing belts of Chandausi in Uttar Pradesh limited the downside.


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