Mentha Oil futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators exited positions in the agri-commodity amid weak physical demand for Mentha Oil from major consuming industries in the domestic spot market. Further, abundant supplies amid higher physical arrivals from the major Mentha Oil producing regions also exerted downward pressure on domestic prices.

At MCX, Mentha oil futures for July 2016 contract, at MCX, were trading at Rs 863.80 per kg, down by 0.52 per cent after opening at Rs. 864.20, against the previous closing price of Rs. 868.30. It touched the intra-day low of Rs. 862.20.

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