Crude palm oil down 0.7% on profit-booking

Crude palm oil futures for April declined Rs 3.20, or 0.69%, to Rs 458.50 per 10 kg in 203 lots.

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 2.50, or 0.54%, to Rs 453.80 per 10 kg in 240 lots.

Profit-booking by speculators and subdued spot demand had a negative impact on the cardamom futures trade.

Weakening overseas markets trend also put pressure on the prices.

On the Malaysia Derivatives Exchange (MDEX), palm oil lost 0.60% to $767 a tonne.