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EPIC RESEARCH MCX Menthaoil UPDATE OF 12 March 2019


Menthaoil trading range for the day is 1634.2-1671.6.

* Mentha oil spot at Sambhal closed at 1742.50 per 1kg. Spot prices was up by Rs.11.50/-.

* Menthaoil settled up amid improved demand from consuming industries at the domestic spot market.

* Further, lower arrivals from major producing belts of Chandausi in Uttar Pradesh also supporting prices.

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


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EPIC RESEARCH MCX Menthaoil UPDATE OF 12 March 2019

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