)
Continuing its slide, crude palm oil prices further by 0.47% to Rs 505.10 per 10 kg in futures trading today as speculators booked profits amid a weak trend at spot market on subdued demand.
At the Multi Commodity Exchange, crude palm oil for delivery in July shed Rs 2.40, or 0.47%, to Rs 505.10 per 10 kg in business turnover of 225 lots.
Similarly, crude oil for delivery in the June traded lower by Re 1, or 0.20%, to Rs 504.30 per 10 kg in 106 lots.
Analysts said besides profit-booking by speculators, subdued demand in the spot market against adequate stocks position mainly influenced crude palm oil prices at futures trade.
