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Mentha oil futures prices today drifted by Rs 19.30 to Rs 976 per kg as speculators locked-in gains at prevailing levels amid slackened demand at spot markets.
At the Multi Commodity Exchange, mentha oil for delivery in July declined by Rs 19.30, or 1.93%, to Rs 976 per kg in business turnover of 792 lots.
Likewise, mentha oil for delivery in the August traded lower by Rs 18.10, or 1.82%, to Rs 990 per kg in 156 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.
