Crude palm oil prices traded lower by 0.14% to Rs 621.40 per 10 kg in futures trading today on sluggish demand in the spot market against adequate stocks position.
At the MCX, crude palm oil for delivery in April weakened by 90 paise, or 0.14%, to Rs 621.40 per 10 kg in business volume of 209 lots.
The May contract traded lower by the same margin to Rs 630 per 10 kg in 635 lots.
Market analysts said sluggish demand against adequate stock positions mainly dragged crude palm oil futures prices lower.