Monday, 25 June 2018

EPIC RESEARCH MCX MENTHA OIL UPDATE OF 25 June 2018


Menthaoil trading range for the day is 1128-1179.8.

Mentha oil spot at Sambhal closed at 1324.10 per 1kg. Spot prices was down by Rs.-25.40/-.

Mentha oil dropped amid subdued demand from consuming industries at the spot market.

Further, ample stock positions on higher supplies from the major producing belts of Chandausi in Uttar Pradesh too weighed on mentha oil prices.

Anticipation of bumper crop harvest adding negativity to the market.

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