 "Palm oil down 0.3% on profit-booking")
Crude palm oil prices eased by 0.33% to Rs 521.30 per 10 kg in futures trade today as speculators booked profits at prevailing levels after a decline in demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in July fell by Rs 1.70, or 0.33% to Rs 521.30 per 10 kg in business turnover of 59 lots.
Similarly, the oil for delivery in June contracts shed Rs 1.50, or 0.29% to Rs 518.90 per 10 kg in 22 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot market weighed on crude palm oil prices at futures trade here.
At the Multi Commodity Exchange, crude palm oil for delivery in July fell by Rs 1.70, or 0.33% to Rs 521.30 per 10 kg in business turnover of 59 lots.
Similarly, the oil for delivery in June contracts shed Rs 1.50, or 0.29% to Rs 518.90 per 10 kg in 22 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot market weighed on crude palm oil prices at futures trade here.