New Delhi, May 30 (PTI) Mentha oil prices fell another 0.55 per cent to Rs 1,295 per kg in futures trading today as speculators trimmed their positions amid a fall in demand from consuming industries at the spot market. Also Read - UP Panchayat Election 2021: Date to be Announced Soon, Check Seat Reservation and Details Here
At the Multi Commodity Exchange, mentha oil for delivery in May fell by Rs 7.20, or 0.55 per cent to Rs 1,295 per kg in business turnover of 22 lots. Also Read - College Girl Found Lying Naked With Severe Burns Along National Highway in UP's Shahjahanpur
Analysts attributed the fall to offloading of positions by participants due to easing demand from consuming industries in the physical market against ample stocks position on increased supplies from Chandausi in Uttar Pradesh. Also Read - Jewar Airport: Yogi Govt Allocates Rs 2,000 Crore for Noida International Airport
This is published unedited from the PTI feed.