Business Standard

Crude palm oil declines 0.4% on global cues

Prices went down as speculators trimmed their positions

Press Trust of India New Delhi
Crude palm oil futures for April declined by Rs 1.70, or 0.36%, to Rs 465.80 per 10 kg in 562 lots.

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 1.10, or 0.24%, to Rs 460.40 per 10 kg in 211 lots.

Prices went down as speculators trimmed their positions.

Weak global trend had a negative impact on crude palm oil futures trade.

On the Malaysia Derivatives Exchange (MDEX), the June contract dropped 1.2% to $797 a metric tonne.

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First Published: Mar 25 2013 | 2:08 PM IST

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