Mentha oil prices traded slightly lower by Rs 1.50 to Rs 875.60 per kg in futures trading today, as speculators indulged in profit-booking amid fall in spot market demand.
Increased arrivals at spot market from the producing belts of Uttar Pradesh also influenced the trading sentiment.
At the Multi Commodity Exchange counter, mentha oil for November-month declined by Rs 1.50, or 0.17 per cent, to Rs 875.60 per kg in just one lot.
Similarly, the oil for delivery in October eased by Rs 0.70, or 0.08 per cent, to Rs 866 per kg in single lot.
arket analysts said profit-taking by speculators due to fall demand at the spot market mainly led to a decline in mentha prices at futures trade.
