Crude palm oil prices fell by Rs 3.60, or 0.88 per cent, to Rs 405.40 per 10 kg in futures trade, as traders booked profits, driven by a weak demand in the spot market.
Adequate supply in the physical market also put pressure on the crude palm oil prices.
At the Multi Commodity Exchange counter, crude palm oil for October fell by Rs 3.60, or 0.88 per cent, to Rs 405.40 per 10 kg, with an open interest of 1,231 lots.
Similarly, crude palm oil for September-month delivery lost Rs 2.90, or 0.70 per cent, to Rs 412 per 10 kg, with an open interest of 2,603 lots.
Traders said besides profit-booking by speculators, fall in demand against adequate stocks in physical markets mainly led to a fall in crude palm oil prices at futures market.
