Mentha oil prices fell further by Rs 12 to Rs 1,052 per kg in futures trade today as traders indulged in profit-booking at higher levels amid subdued demand in the spot market.
Increased arrivals from producing belts in Uttar Pradesh markets also put pressure on the prices.
At the Multi Commodity Exchange, mentha oil for delivery in last month of April contract declined by Rs 12, or 1.13% to Rs 1,052 per kg, with a business volume of 47 lots.
Similarly, its prices for delivery in May eased by Rs 9.70, or 0.93% to Rs 1,026 per kg, with a business turnover of 65 lots.
Likewise, for delivery in June, mentha oil prices fell by Rs 6.80, or 0.72% to Rs 936.60 per kg, with an open interest of 33 lots.
The fall in mentha oil prices was mostly due to profit-booking by speculators amid a weak trend at spot market on subdued demand, traders said.