Mentha oil prices came down by 0.74 per cent in futures trading Monday as speculators reduced exposure amid fall in demand from consuming industries in the domestic spot market.
Besides, ample stocks on higher supplies form major growing belts of Chandausi in Uttar Pradesh, too, weighed.
At Multi Commodity Exchange, mentha oil to be delivered in November was trading lower by Rs 13, or 0.74 per cent, to Rs 1,754.90 per kg in business turnover of 192 lots.
Marketmen said cutting down of positions by participants due to easing demand in the spot markets from consuming industries amid sufficient stock position on increased supplies, pulled down mentha oil prices at futures trade here.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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