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Crude palm oil remains weak on sluggish demand

Adequate supplies mainly kept pressure on crude palm oil futures

Press Trust of India New Delhi
Last Updated : Mar 12 2013 | 2:34 PM IST
Crude palm oil futures for April shed Rs 2.10, or 0.45%, to Rs 459.60 per 10 kg in 172 lots.     

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 2, or 0.44%, to Rs 455 per 10 kg in 164 lots.

Prices weakened as speculators reduced positions on sluggish spot market demand against adequate supplies mainly kept pressure on crude palm oil futures.

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First Published: Mar 12 2013 | 2:32 PM IST

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