 "Mentha oil falls by 1.1% on profit-booking")
Mentha oil prices traded lower by 1.10% to Rs 816.50 per kg in futures trade today amid profit-booking by speculators at prevailing levels and sluggish domestic demand.
At Multi Commodity Exchange, mentha oil for delivery in March shed Rs 9.10, or 1.10% to Rs 816.50 per kg in business turnover of 114 lots.
Similarly, the oil for delivery in April contracts traded lower by Rs 8.30, or 0.98%, to Rs 826.60 per kg in 386 lots.
Analysts attributed the fall in mentha oil futures to profit-booking by speculators at existing levels and subdued demand from consuming industries in the spot market.
At Multi Commodity Exchange, mentha oil for delivery in March shed Rs 9.10, or 1.10% to Rs 816.50 per kg in business turnover of 114 lots.
Similarly, the oil for delivery in April contracts traded lower by Rs 8.30, or 0.98%, to Rs 826.60 per kg in 386 lots.
Analysts attributed the fall in mentha oil futures to profit-booking by speculators at existing levels and subdued demand from consuming industries in the spot market.
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