Mentha oil prices declined in futures trade on Tuesday after a fall in demand for the commodity by consuming industries NSK 0.09 % at spot markets.
Speculators cut positions in mentha oil futures as demand from consuming industries slumped amid adequate supplies from key producing regions.
Around 10:35 am, MCX Mentha oil was at Rs 1,240.90 per kg, down by Rs 14, or 1.12 percent.
The commodity has been in negative territory due to weak buying demand from consuming.
Speculators cut positions in mentha oil futures as demand from consuming industries slumped amid adequate supplies from key producing regions.
Around 10:35 am, MCX Mentha oil was at Rs 1,240.90 per kg, down by Rs 14, or 1.12 percent.
The commodity has been in negative territory due to weak buying demand from consuming.
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