Mentha oil prices fell by 0.14 per cent on Thursday at the Multi Commodity Exchange (MCX) as a result of the increased arrivals of the commodity in the physical market from the major producing belts in Uttar Pradesh.
Sentiment weakened further as the investors indulged in profit-booking in the midst of a fall in demand in the spot market.
About 80 per cent of the crop in India comes from Uttar Pradesh (Rampur, Moradabad, Bareilly, Barabanki and Badaun) and the balance 20 per cent from Punjab, Himachal Pradesh and Haryana.
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