Mentha oil futures down 1.10 per cent on profit-booking
At the Multi Commodity Exchange, mentha oil for delivery in January declined by Rs 14.30, or 1.10 per cent.
By PTI | Updated:
NEW DELHI: Mentha oil prices fell by Rs 14.30 to Rs 1,285.70 per kg in futures trade today as traders indulged in profit-booking amid subdued spot demand.
At the Multi Commodity Exchange, mentha oil for delivery in January declined by Rs 14.30, or 1.10 per cent, to Rs 1,285.70 per kg, with a business volume of 657 lots.
Similarly, mentha oil prices for February delivery eased by Rs 12.80, or 0.97 per cent, to Rs 1,301 per kg, with a business turnover of 312 lots.
The fall in mentha oil prices was mostly due to profit-booking by speculators following weak spot markets trend on subdued demand, traders said.
At the Multi Commodity Exchange, mentha oil for delivery in January declined by Rs 14.30, or 1.10 per cent, to Rs 1,285.70 per kg, with a business volume of 657 lots.
Similarly, mentha oil prices for February delivery eased by Rs 12.80, or 0.97 per cent, to Rs 1,301 per kg, with a business turnover of 312 lots.
The fall in mentha oil prices was mostly due to profit-booking by speculators following weak spot markets trend on subdued demand, traders said.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Mentha oil futures jump 6% intraday, 25% in August. Is correction on cards?ADVERTISEMENT
