NEW DELHI, Jan 24: Crude palm oil prices softened by 0.26 per cent to Rs 533.50 per per 10 kg in futures market today as speculators booked profits at prevailing higher levels, driven by subdued demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in February declined by Rs 1.40, or 0.26 per cent to Rs 533.50 per 10 kg in business turnover of 102 lots.
Similarly, the oil for delivery in January softened by 60 paise, or 0.11 per cent to Rs 529 per 10 kg in 37 lots.
Analysts said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market mainly helped crude palm oil prices to trade lower at futures trade. (AGENCIES)
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