Mentha oil remains weak on sluggish demand

Sluggish demand from consuming industries affected the trade

Mentha oil futures for May declined further by Rs 13.40, or 1.30%, to Rs 1,019 per kg in 117 lots.

At the Multi Commodity Exchange (MCX), the April contract lost Rs 12.60, or 1.19%, to Rs 1,042.40 per kg in 538 lots.

Sluggish demand from consuming industries in the spot market against increased supplies from from Chandausi in Uttar Pradesh mainly kept pressure on mentha oil futures trade.