EPIC RESEARCH MCX Menthaoil UPDATE OF 2 August 2018

Menthaoil trading range for the day is 1508.4-1606.8.

* Mentha oil spot at Sambhal closed at 1822.40 per 1kg. Spot prices was up by Rs.24.10/-.

* Mentha oil prices rallied due to bullish demand outlook from domestic market as well as exporters.

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

* Bumper crop harvest has been discounted in the market and market is moving upwards on rising demand from end users.

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