 "Mentha oil declines by 0.2% on profit-booking")
Mentha oil prices fell by 0.22% to Rs 773 per kg in futures trade today amid profit-booking by speculators at existing levels.
At the Multi Commodity Exchange, mentha oil for delivery in March fell by Rs 1.70, or 0.22%, to Rs 773 per kg in a business turnover of 268 lots.
Likewise, the oil for delivery in February shed Rs 1.20, or 0.16%, to Rs 763.30 per kg in 134 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators at prevailing levels amidst sluggish demand from consuming industries in the spot market, analysts said.
At the Multi Commodity Exchange, mentha oil for delivery in March fell by Rs 1.70, or 0.22%, to Rs 773 per kg in a business turnover of 268 lots.
Likewise, the oil for delivery in February shed Rs 1.20, or 0.16%, to Rs 763.30 per kg in 134 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators at prevailing levels amidst sluggish demand from consuming industries in the spot market, analysts said.