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Crude palm oil remains weak on sluggish demand

Adequate supplies mainly kept pressure on crude palm oil futures

Press Trust of India New Delhi
Crude palm oil futures for April shed Rs 2.10, or 0.45%, to Rs 459.60 per 10 kg in 172 lots.     

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 2, or 0.44%, to Rs 455 per 10 kg in 164 lots.

Prices weakened as speculators reduced positions on sluggish spot market demand against adequate supplies mainly kept pressure on crude palm oil futures.

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First Published: Mar 12 2013 | 2:32 PM IST

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