Crude palm oil prices fell further by Rs 10.60 to Rs 507 per 10 kg in futures trade today on emergence of profit booking amid subdued spot demand.
At the Multi Commodity Exchange, crude palm oil for delivery in April shed Rs 10.60, or 2.04 per cent, to Rs 507 per 10 kg, with a business volume of 98 lots.
Likewise, the oil for delivery in March eased by Rs 10.30, or 1.99 per cent, to Rs 507 per 10 kg, with a business turnover of 29 lots.
Crude palm oil prices for delivery in May declined by Rs 8.30, or 1.60 per cent, to Rs 509 per 10 kg, with an open interest of 92 lots.
Traders said besides profit booking by speculators, fall in demand against adequate stocks in physical market, mainly led to the fall in crude palm oil futures prices.
