Mentha futures fall 0.52% on profit-booking

Image
Press Trust of India New Delhi
Last Updated : Aug 17 2016 | 12:02 PM IST
Amid profit-booking by speculators and subdued spot demand, mentha oil prices fell by 0.52 per cent to Rs 892.60 per kg in futures trade today.
At the Multi Commodity Exchange, mentha oil for delivery in August fell Rs 4.70, or 0.52 per cent, to Rs 892.60 per kg, with a business volume of 504 lots.
Also, mentha oil for September delivery drifted by Rs 2.20, or 0.24 per cent, to Rs 906 per kg, with a business turnover of 106 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot market on subdued demand, marketmen said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 17 2016 | 12:02 PM IST

Next Story