 "Mentha oil down by 1% on weak demand")
Mentha oil prices fell 0.97% to Rs 760.10 per kg in futures trade today as speculators reduced positions on weak spot demand.
Trading sentiment weakened further as traders engaged in short position on account of weak demand from consuming industries and higher arrivals from Chandausi in Uttar Pradesh.
At the Multi Commodity Exchange, mentha oil for delivery in February fell by Rs 7.50, or 0.97%, to Rs 760.10 per kg, with a business volume of 113 lots.
Similarly, mentha for delivery in February traded lower by Rs 6.40, or 0.82%, at Rs 771 per kg, with a trading volume of 36 lots.
Trading sentiment weakened further as traders engaged in short position on account of weak demand from consuming industries and higher arrivals from Chandausi in Uttar Pradesh.
At the Multi Commodity Exchange, mentha oil for delivery in February fell by Rs 7.50, or 0.97%, to Rs 760.10 per kg, with a business volume of 113 lots.
Similarly, mentha for delivery in February traded lower by Rs 6.40, or 0.82%, at Rs 771 per kg, with a trading volume of 36 lots.