Mentha Oil Futures Down 0.88% On Muted Demand

Mentha oil futures stayed under pressure during the noon trade in the domestic market on Tuesday as investors and speculators trimmed their positions in the agri-commodity amidst weak physical demand from major consuming industries for Mentha oil in the domestic spot market.

At MCX, Mentha oil futures for July 2016 contract, were trading at Rs 903.30 per kg, down by 0.88 per cent after opening at Rs 902.20, against the previous closing price of Rs 911.30. It touched the intra-day low of Rs 892.60.

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