NEW DELHI, July 2: Mentha oil futures prices today drifted by Rs 19.30 to Rs 976 per kg as speculators locked-in gains at prevailing levels amid slackened demand at spot markets.
At the Multi Commodity Exchange, mentha oil for delivery in July declined by Rs 19.30, or 1.93 per cent, to Rs 976 per kg in business turnover of 792 lots.
Likewise, the oil for delivery in the August traded lower by Rs 18.10, or 1.82 per cent, to Rs 990 per kg in 156 lots.
The fall in mentha futures prices was mostly due to profit-booking by speculators after recent gains and sluggish demand from pharmaceutical units, analysts said. (PTI)
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