Mentha oil futures were trading lower during morning trade in the domestic market on Wednesday as investors and speculators exited their positions in the agri-commodity on fall in physical demand for mentha oil from major consuming industries in the domestic spot market. Further, trimming of bets by traders in the spot market was due to a drop in physical demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions, infuenced mentha oil prices at futures trade.

At the MCX, mentha oil futures for June 2017 contract is trading at Rs 917 per kg, down by 0.65 per cent, after opening at Rs 921, against the previous closing price of Rs 923. It touched the intra-day low of Rs 916.20.

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