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Mentha oil down 0.3% on profit-booking

Prices for the January 2015 delivery eased by 0.16%

Press Trust of India New Delhi
Mentha oil prices fell 0.30% to Rs 713 per kg in futures trade today as speculators booked profits amid subdued spot demand.

At the Multi Commodity Exchange, mentha oil for delivery in December fell by Rs 2.20, or 0.30%, to Rs 713 per kg, with a business volume of 144 lots.

Similarly, mentha oil prices for the January 2015 delivery eased by Rs 1.20, or 0.16%, to Rs 725.40 per kg, with a business turnover of 226 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.
 

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First Published: Dec 30 2014 | 1:34 PM IST

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