Mentha oil down 0.5% on profit-booking
Fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot market
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Amid profit-booking by speculators, mentha oil prices fell 0.45% to Rs 761.90 per kg in futures trade today.
At the Multi Commodity Exchange, mentha oil for delivery in January eased by Rs 3.50, or 0.45%, to Rs 761.90 per kg, with a business volume of 370 lots.
Similarly, mentha oil prices for the February delivery eased by Rs 3.50, or 0.45%, to Rs 772.50 per kg, with a business turnover of 80 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot market owing to subdued demand, marketmen said.
At the Multi Commodity Exchange, mentha oil for delivery in January eased by Rs 3.50, or 0.45%, to Rs 761.90 per kg, with a business volume of 370 lots.
Similarly, mentha oil prices for the February delivery eased by Rs 3.50, or 0.45%, to Rs 772.50 per kg, with a business turnover of 80 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot market owing to subdued demand, marketmen said.
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First Published: Jan 09 2015 | 12:10 PM IST