Mentha Oil Future Fell Over 2%



Investors and speculators exit their position in the Agri-commodity amid plunge in physical demand for men the oil from major consuming industries, the future of men the oil is falling over 2% in the domestic market.

This fall lead trimming up of position by traders in the spot market against sufficient stock position on higher supplies from the producing region, influenced price at future trade. For May 2017 at MCX month oil future trading at Rs 970/kg, which is down by 2.81% after opening at Rs.968.10 against previous closing of Rs.998, which is reached the inter-day low of Rs.968.10.

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