Business Standard

Sunday, January 19, 2025 | 05:04 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mentha oil falls 0.61% in futures trade on profit-booking

Image

Press Trust of India New Delhi
Mentha oil prices fell by Rs 5.70, 0.61 per cent, to Rs 918 per kg in futures trade today as speculators booked profits amid subdued spot demand.

At the Multi Commodity Exchange, mentha oil for delivery in August fell by Rs 5.70 or 0.61 per cent to Rs 918 per kg with a business volume of 876 lots.

Similarly, mentha oil for current month delivery traded down by Rs 2.90 or 0.31 per cent to Rs 908.60 per kg with a business turnover of 57 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, marketmen said.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 29 2016 | 12:13 PM IST

Explore News