Mentha oil prices fell by Rs Rs 7.50 to Rs 1,257.50 per kg in futures trade today as speculators booked profits at prevailing levels tracking a fall in demand in the spot market.
Adequate stocks following increased arrivals from Chandousi in Uttar Pradesh also put pressure on mentha oil prices.
At the Multi Commodity Exchange, the December contract fell by Rs 7.50, or 0.59% to Rs 1,257.50 per kg in business turnover of 169 lots.
The November contract traded lower by Rs 7.20, or 0.58% to Rs 1,243.70 per kg in 428 lots.
Market analysts attributed the fall in mentha oil futures to profit-booking by speculators at prevailing higher levels, fall in demand in the spot market.
