Mentha oil futures decline on profit-booking

At the Multi Commodity Exchange,mentha oil for delivery in October declined by Rs 4,or 0.33 per cent,to Rs 1,200.70 per kg,with a business turnover of 58 lots.

In a similar fashion,the oil for delivery in November shed Rs 3.90,or 0.33 per cent,to Rs 1,185.90 per kg,with a business turnover of 196 lots.

Marketmen attributed the fall in mentha oil futures to profit-booking by speculators at prevailing higher levels,weak demand from consuming industries in the spot market.