Mentha oil futures drop on sluggish demand 05/08/2016

Mentha oil futures drop on sluggish demand
05/08/2016 13:47

Mentha oil futures were trading little changed during the afternoon trade in the domestic market on Friday as investors and speculators trimmed their bets in the agri-commodity amid fall in the physical demand from major consuming industries for mentha oil in the domestic spot market. At the MCX, Mentha oil futures for August 2016 contract were trading at Rs 928.50 per kg, down by 0.06 per cent after opening at Rs 927, against the previous closing price of Rs 929.10. It touched the intra-day low of Rs 923.40 (at 13:45 hours).