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Mentha oil futures slide 0.15% on sluggish demand

Press Trust of India  |  New Delhi 

Mentha prices softened by 0.15 per cent to Rs 1,251.70 per kg in futures trading today as participants reduced their exposure amid subdued demand from consuming industries in the spot market.

In futures trading at the Multi Commodity Exchange, mentha for delivery in October fell by Rs 1.90, or 0.15 per cent to Rs 1,251.70 per kg in business turnover of 468 lots.


Likewise, the for delivery in November was trading lower by Rs 1.50, or 0.12 per cent to Rs 1,267.10 per kg in 117 lots.

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

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

First Published: Thu, October 12 2017. 11:48 IST
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