NEW DELHI, Feb 13: Mentha oil remained weak for the second straight day and prices declined further by Rs 6.40 to Rs 1,364.50 per kg in futures trade today on increased arrivals from Chandausi in Uttar Pradesh against lower industrial demand in the spot market.
At the Multi Commodity Exchange, mentha oil for delivery in February remained weak and shed another Rs 6.40, or 0.47 per cent, to Rs 1,364.50 per kg in business turnover of 487 lots.
Similarly, the oil for delivery in March shed Rs 2.70, or 0.21 per cent, to Rs 1,273.50 per kg in 95 lots.
Market analysts said increased arrivals from Chandausi in Uttar Pradesh against lower industrial demand in the spot market mainly influenced mentha oil prices at futures market. (PTI)
Trending Now
E-Paper
Follow our WhatsApp channel