Mentha oil prices moved down by Rs 13.20 to Rs 946 per kg in futures trade today due to sluggish demand from pharmaceutical units.
Adequate stocks position following increased arrivals from major producing area of Chandousi in Uttar Pradesh also put some pressure on the mentha oil futures prices.
At the Multi Commodity Exchange, mentha oil for delivery in June declined by Rs 13.20, or 1.38% to Rs 946, with a business volume of a single lot.
Similarly, the oil for delivery in May shed Rs 3.70, or 0.36% to Rs 1,036 per kg, with an open interest of one lot.
Market analysts said sluggish demand from pharmaceutical units against adequate stocks position mainly led to the decline in mentha oil prices at futures trade.