Mentha futures fall 0.77% on profit-booking

Amid profit-booking by speculators and subdued spot demand, mentha oil prices fell by 0.77 per cent to Rs 848.60 per kg in futures trade today.

At the Multi Commodity Exchange, mentha oil for delivery in April fell Rs 6.60, or 0.77 per cent, to Rs 848.60 per kg, with a business volume of 200 lots.

Also, mentha oil for March delivery drifted Rs 4, or 0.47 per cent, to Rs 841 per kg, with a business turnover of 82 lots.

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