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Mentha oil prices fell by Rs 7.30 to Rs 948 per kg in futures trade today as speculators locked in gains at prevailing levels amid slackened spot demand.
At the Multi Commodity Exchange, mentha oil prices for delivery in July declined by Rs 7.30, or 0.76%, to Rs 948 per kg in business turnover of 632 lots.
Likewise, mentha oil prices for delivery in August contract traded lower by Rs 6.90, or 0.71%, to Rs 961.90 per kg in 98 lots.
The fall in mentha futures prices was mostly due to profit booking by speculators after recent gains and sluggish demand from pharmaceutical units, analysts said.
