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Mentha oil prices fell by 1.26 per cent to Rs 1,116.80 per kg at the futures trade today as speculators engaged in booking profits, influenced by sluggish demand.
At the Multi Commodity Exchange, mentha oil for delivery in March fell by Rs 14.20 or 1.26 per cent to Rs 1,116.80 per kg with a business turnover of a single lot. Similarly, April contract declined by Rs 7.70 or 0.72 per cent to Rs 1,057.30 per kg with an open interest of one lot.
Traders attributed the fall in mentha oil futures prices to continued profit-booking by speculators in tandem with sluggish domestic and export demand.
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