Menthol declines on reduced offtake

NEW DELHI: Menthol prices were down by Rs 5 per kg in the national capital today owing to reduced offtake by consuming units amid adequate stocks.

Also, higher arrivals from producing belts in Uttar Pradesh weighed on the menthol prices.

Menthol bold crystal, flake and mentha oil prices declined by Rs 5 each to conclude at Rs 1,060, Rs 1,030 and Rs 950 per kg, respectively.

Traders said reduced offtake by consuming industries against increased arrivals from producing regions mainly pulled down menthol prices.