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Mentha oil down 0.7% on profit-booking

The commodity for April delivery traded down by 0.65%

Press Trust of India New Delhi
Mentha oil prices fell by Rs 6.30, 0.74% to Rs 841.30 per kg in futures trade today as speculators booked profits amid subdued spot demand.

At the Multi Commodity Exchange, mentha oil for delivery in March fell by Rs 6.30, or 0.74%, to Rs 841.30 per kg, with a business volume of 437 lots.

Similarly, mentha oil for April delivery traded down by Rs 5.60, or 0.65%, to Rs 851.90 per kg, with a business turnover of 123 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: Mar 17 2015 | 12:48 PM IST

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