Mentha oil futures slide on sluggish demand 03/08/2016

Mentha oil futures slide on sluggish demand
03/08/2016 10:51
Mentha oil futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators trimmed their bets in the agri-commodity amid a fall in 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 932.80 per kg, down by 0.52 per cent after opening at Rs 927.80, against the previous closing price of Rs 937.70. It touched the intra-day low of Rs 926.60 (at 10:47 hours).