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Mentha oil futures were trading lower during the late noon trade in the domestic market on Monday after a fall in demand for the commodity by consuming industries at spot markets. Speculators cut positions in mentha oil futures as demand from consuming industries slumped amid adequate supplies from key producing regions.
At the MCX, mentha oil futures for August 2019 contract is trading at Rs 1272.00 per kg, down by 0.13 per cent, after opening at Rs 1263.40, against a previous close of Rs 1273.70. It touched the intra-day low of Rs 1263.40