Mentha oil falls 0.74 per cent on fall in demand

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Mentha oil prices came down by 0.74 per cent in futures trading Monday as speculators reduced exposure amid fall in demand from
consuming industries in the domestic spot market
Besides, ample stocks on higher supplies form major growing belts of Chandausi in Uttar Pradesh, too, weighed
At Multi Commodity Exchange, mentha oil to be delivered in November was trading lower by Rs 13, or 0.74 per cent, to Rs 1,754.90 per kg in
business turnover of 192 lots
Marketmen said cutting down of positions by participants due to easing demand in the spot markets from consuming industries amid sufficient
stock position on increased supplies, pulled down mentha oil prices at futures trade here.