Mentha oil declines more than 2% on profit-booking
Prices lost trade as speculators indulged in profit-booking
 "Mentha oil declines more than 2% on profit-booking")
Mentha oil futures for May fell by Rs 23.90, or 2.50%, to Rs 931.50 per kg, with a business volume of 778 lots.
At the Multi Commodity Exchange (MCX), the June contract drifted by Rs 18.80, or 1.98%, to Rs 929.10 per kg in 133 lots.
Prices lost trade as speculators indulged in profit-booking driven by subdued domestic demand.
Less industrial demand for the commodity also influenced the prices.
At the Multi Commodity Exchange (MCX), the June contract drifted by Rs 18.80, or 1.98%, to Rs 929.10 per kg in 133 lots.
Prices lost trade as speculators indulged in profit-booking driven by subdued domestic demand.
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Sentiment weakened further due to adequate stocks position following increased arrivals from Chandausi in Uttar Pradesh.
Less industrial demand for the commodity also influenced the prices.