Crude palm oil futures continue to fall for the third day today trading Rs 5 lower at Rs 542.20 per 10 kg as speculators offloaded positions amid a weakening global trend.
At the Multi Commodity Exchange, February crude palm oil fell further by Rs 5, or 0.91% to Rs 542.20 per 10 kg in business turnover of 66 lots.
The January contract moved up by Rs 4.10, or 0.75% to Rs 541.10 per 10 kg in 101 lots.
Market analysts attributed the persistent fall in crude palm oil futures to a weakening global trend.
Meanwhile, palm oil fell 0.4% to on the Malaysia Derivatives Exchange.
