EPIC RESEARCH MCX Menthaoil UPDATE OF 18 January 2019

Posted by Commodity Updates by Epic Research on 11:03:00 with No comments

Menthaoil trading range for the day is 1574.4-1628.2.

* Mentha oil spot at Sambhal closed at 1739.50 per 1kg. Spot prices was down by Rs.-0.70/-.

* Mentha oil prices gained tracking firmness in spot demand amid low supply.

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

* Export demand of oil in global market is likely to be improved due to recovery in currency which is supportive for prices

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites