EPIC RESEARCH MCX Menthaoil UPDATE OF 9 November 2018
Posted by Commodity Updates by Epic Research on 12:32:00 with No comments
Menthaoil trading range for the day is 1737.8-1793.6.
Mentha oil spot at Sambhal closed at 1915.10 per 1kg. Spot prices was down by Rs.-42.90/-.
Menthaoil settled down as spot markets are witnessing low demand amid adequate supply which weighed on prices.
According to preliminary 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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