Mentha oil prices fell by Rs 6.10 to Rs 1,354.60 per kg in futures market today amid profit-booking by speculators and sluggish domestic demand.
Adequate stock availability in the physical market following increased arrivals from major producing belt, Chandousi in Uttar Pradesh, kept pressure on mentha oil prices.
At the Multi Commodity Exchange, mentha oil for delivery in August declined by Rs 6.10, or 0.45%, to Rs 1,354.60 per kg in business turnover of 235 lots.
The July contract shed Rs 5.80, or 0.43%, to Rs 1,330.80 per kg in 582 lots.
Market analysts attributed the fall in mentha oil futures to profit-booking by speculators, driven by sluggish domestic demand.
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