 "Mentha oil falls almost 3% on low demand")
Mentha oil futures for March fell Rs 35.10, or 2.96%, to Rs 1,150 per kg in 488 lots.
At the Multi Commodity Exchange (MCX), the April contract traded Rs 29.90, or 2.51% lower at Rs 1,159.10 per kg , in 234 lots.
Mentha oil extended losses for the third straight day.
Increased arrivals in the physical market from major producing belts in Uttar Pradesh triggered the downtrend.
Besides, profit-booking also put pressure on the prices.
At the Multi Commodity Exchange (MCX), the April contract traded Rs 29.90, or 2.51% lower at Rs 1,159.10 per kg , in 234 lots.
Mentha oil extended losses for the third straight day.
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Prices were affected as speculators reduced their positions.
Increased arrivals in the physical market from major producing belts in Uttar Pradesh triggered the downtrend.
Besides, profit-booking also put pressure on the prices.