Mentha oil prices traded marginally lower by Rs 0.80, or 0.10 per cent, to Rs 769 per kg in futures market today, as speculators indulged in profit-booking amid fall in spot market demand.
Increased arrivals at the spot market from producing belt of Uttar Pradesh also influenced the trading sentiment.
At the Multi Commodity Exchange counter, mentha oil for October declined by Rs 0.80, or 0.10 per cent, to Rs 769 per kg, with an open interest of 2,721 lots.
Similarly, oil for delivery in September shed Rs 0.40, or 0.05 per cent, to Rs 757.70 per kg, with an open interest of 7,033 lots.
Market 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.
