Mentha oil prices fell by Rs 4.50, or 0.54 per cent, to Rs 818.40 per kg in futures trade today, as traders indulged in profit-booking at existing levels amid fall in demand in the spot market.
At the Multi Commodity Exchange counter, mentha oil for delivery in September-month contract declined by Rs 4.50, or 0.54 per cent, to Rs 818.40 per kg, with a business volume of 703 lots.
Similarly, the delivery in October-month contract eased by Rs 4.40, or 0.52 per cent, to Rs 830.60 per kg, with a business turnover of 446 lots, while November contract fell by Rs 3.80, or 0.44 per cent, to Rs 841.50 per kg, with an open interest of 88 lots.
The fall in mentha oil prices was mostly due to profit-taking by speculators and weak trend at spot markets on subdued demand, traders said.
