Mentha oil prices fell another 0.55 per cent to Rs 1,295 per kg in futures trading today as speculators trimmed their positions amid a fall in demand from consuming industries at the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in May fell by Rs 7.20, or 0.55 per cent to Rs 1,295 per kg in business turnover of 22 lots.
Analysts attributed the fall to offloading of positions by participants due to easing demand from consuming industries in the physical market against ample stocks position on increased supplies from Chandausi in Uttar Pradesh.
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