Crude palm oil prices fell 0.19 per cent to Rs 508 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in June eased by a Re, or 0.19 per cent, to Rs 508 per 10 kg, in a business turnover of 136 lots.
The oil for delivery in July fell by a similar margin to trade at Rs 507 per 10 kg in 257 lots.
Market analysts said besides profit-booking by speculators at prevailing higher levels, muted demand in the spot market mainly influenced crude palm oil prices.
