Mentha futures fall 1.25% on profit-booking

Image
Press Trust of India New Delhi
Last Updated : Jun 13 2016 | 12:32 PM IST
Amid profit-booking by speculators and muted spot demand, mentha oil prices fell by 1.25 per cent to Rs 837.50 per kg in futures trade today.
At the Multi Commodity Exchange, mentha oil for delivery in June fell Rs 10.60 or 1.25 per cent to Rs 837.50 per kg, with a business volume of 374 lots.
Also, mentha oil for July delivery drifted by Rs 10.10 or 1.18 per cent to Rs 848.40 per kg, with a business turnover of 67 lots.
The fall in mentha oil prices was mostly due to profit-booking by speculators and weak trend at the spot market on subdued demand, marketmen said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 13 2016 | 12:32 PM IST

Next Story