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Crude palm oil futures prices fell by 0.64% to Rs 510 per 10 kg today after speculators booked profits at prevailing levels amid a weak trend overseas.
At the Multi Commodity Exchange, crude palm oil for delivery in June declined by Rs 3.30, or 0.64%, to Rs 510 per 10 kg in business turnover of 185 lots.
Similarly, the oil for delivery in July traded lower by Rs 2.80, or 0.54%, to Rs 506.60 per 10 kg in 122 lots.
Analysts said apart from profit-booking by speculators at existing higher levels, a weak trend in the global market influenced crude palm oil futures prices.
In Malaysia, palm oil fell 1% to $745 a metric tonne on the Malaysia Derivatives Exchange.
