Crude palm oil prices softened by 0.17 per cent to Rs 410.80 per 10 kg in futures trade today as participants booked profits at prevailing higher levels amid easing demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in January 2016 shed 70 paise, or 0.17 per cent to Rs 410.80 per 10 kg in a business turnover of 130 lots.
Likewise, the oil for delivery in December eased by 10 paise, or 0.02 per cent to Rs 401.00 per 10 kg in 66 lots.
Analysts said besides profit booking by participants at existing levels, fall in demand in the spot market against adequate stocks position, mainly led to the decline in crude palm oil prices at the futures trade.
