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Crude palm oil down 0.84% on profit-selling

Fall in spot market demand affected the trade

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Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

Crude palm oil futures for February fell by Rs 3.80, or 0.84%, to Rs 443.70 per 10 kg in 450 lots.

At the Multi Commodity Exchange, the January contract moved down by Rs 2.20, or 0.5%, to Rs 436 per 10 kg in 170 lots.

Profit-booking at existing levels amid fall in spot market demand affected the trade.

Besides, offloading of positions by speculators on the back of subdued demand pulled down crude palm oil futures prices.

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First Published: Jan 24 2013 | 2:34 PM IST

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