NEW DELHI, Sept 18: Crude palm oil prices softened by 0.69 per cent to Rs 515.70 per 10 kg in futures market today on the emergence of profit-booking by speculators amid subdued spot demand against adequate stocks position.
At the Multi Commodity Exchange, crude palm oil for delivery in October softened by Rs 3.60 or 0.69 per cent to Rs 515.70 per 10 kg in business turnover of 18 lots.
Similarly, oil for delivery in September weakened by Rs 3, or 0.57 per cent to Rs 525.20 per 10 kg in 23 lots.
Market analysts said besides profit-taking by speculators, subdued demand in the spot market against adequate stocks position mainly influenced crude palm oil prices at futures trade. (PTI)
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