Crude palm oil futures for May declined by Rs 2.70, or 0.57%, to Rs 465 per 10 kg in 315 lots.
At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 2.30, or 0.49%, to Rs 462.80 per 10 kg in 375 lots.
Prices fell as speculators booked profits at prevailing levels driven by weak spot market trend owing to subdued demand.
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On the Malaysia Derivatives Exchange (MDEX), the June contract fell by 1.70% to $768 a tonne.