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Mentha oil prices fell by 1.91% to Rs 869.80 per kg in futures trade today as speculators indulged in profit-booking amid subdued spot demand.
Besides, adequate stocks position following increased arrivals from Chandousi in Uttar Pradesh.
At the Multi Commodity Exchange, mentha oil for delivery in July fell by Rs 17, or 1.91%, to Rs 869.80 per kg with a business volume of 147 lots.
Similarly, mentha oil prices for the August delivery drifted by Rs 7.70, or 0.85%, to Rs 890.60 per kg, with a business turnover of 475 lots.
The fall in mentha oil prices at futures trade was mostly due to profit-booking by speculators and weak trend at spot market on subdued demand, traders said.
