 "Mentha oil succumbs to profit-booking, slip 0.4%")
Amid profit-booking by traders at prevailing levels, mentha oil prices drifted by 0.43% to Rs 919.30 per kg in futures trade today.
At the Multi Commodity Exchange, mentha oil for delivery in December fell by Rs 4, or 0.43% to Rs 919.30 per kg in a business turnover of 74 lots.
Similarly, the oil for delivery in January 2016 eased by Rs 3.60, or 0.38% to Rs 932.50 per kg in one lot.
Analysts said besides profit-booking by participants at existing levels, easing demand from consuming industries in the spot market, mainly led to the decline in mentha oil prices at the futures trade.
At the Multi Commodity Exchange, mentha oil for delivery in December fell by Rs 4, or 0.43% to Rs 919.30 per kg in a business turnover of 74 lots.
Similarly, the oil for delivery in January 2016 eased by Rs 3.60, or 0.38% to Rs 932.50 per kg in one lot.
Analysts said besides profit-booking by participants at existing levels, easing demand from consuming industries in the spot market, mainly led to the decline in mentha oil prices at the futures trade.