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Mentha oil futures remain weak, shed 0.38% on low demand

Press Trust of India  |  New Delhi 

Mentha prices fell further by 0.38 per cent to Rs 1,244 per kg in futures trading today as participants engaged in trimming their positions, tracking a weak trend at spot market on easing demand.

At the Multi Commodity Exchange, mentha for delivery in October declined by Rs 4.70, or 0.38 per cent to Rs 1,244 per kg in business turnover of 205 lots.


Similarly, the for delivery in November traded lower by Rs 3.60, or 0.28 per cent to Rs 1,260 per kg in 34 lots.

Analysts said offloading of positions by traders due to fall in demand from consuming industries in the physical market against adequate stocks position, mainly kept mentha prices down at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 13 2017. 11:13 IST
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