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Mentha futures fall 0.72% on profit-booking

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Press Trust of India New Delhi
Amid profit-booking by speculators and muted spot demand, mentha oil prices fell 0.72 per cent to Rs 826 per kg in futures trade today.

At the Multi Commodity Exchange, mentha oil for delivery in July shed Rs 6 or 0.72 per cent to Rs 826 per kg with a business volume of 388 lots.

Mentha oil for June delivery drifted down by Rs 4.10 or 0.49 per cent to Rs 817.20 per kg with a business turnover of 105 lots.

The fall in mentha oil prices was mostly due to profit-booking by speculators and weak trend at the spot market on subdued demand, marketmen said.
 

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First Published: Jun 29 2016 | 12:28 PM IST

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