 "Mentha oil down 2% on profit-booking")
Mentha oil prices plunged by 2.23 per cent to Rs 996.50 per kg in futures trade today on profit-booking at prevailing levels by participants and fall in domestic demand.
At the Multi Commodity Exchange, mentha oil for delivery in May month moved down by Rs 22.70 or 2.23 per cent to Rs 996.50 per kg in business turnover of 1,456 lots.
On similar lines, the oil for delivery in June contracts traded lower by Rs 21.10 or 2.05 per cent to Rs 1010.00 per kg in 290 lots.
Market analysts attributed the fall in mentha oil futures to profit-booking by speculators at existing higher levels and fall in demand from consuming industries in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in May month moved down by Rs 22.70 or 2.23 per cent to Rs 996.50 per kg in business turnover of 1,456 lots.
On similar lines, the oil for delivery in June contracts traded lower by Rs 21.10 or 2.05 per cent to Rs 1010.00 per kg in 290 lots.
Market analysts attributed the fall in mentha oil futures to profit-booking by speculators at existing higher levels and fall in demand from consuming industries in the spot market.