NEW DELHI, Oct 10: Crude palm oil prices fell by Rs 4.40 to Rs 449.60 per 10 kg in futures trade today as speculators offloaded positions due to subdued demand in the spot markets.
At the Multi Commodity Exchange, crude palm oil for delivery in November fell by Rs 4.40, or 0.96 per cent, to Rs 449.60 per 10 kg in a business turnover of 200 lots.
Likewise, the oil for delivery in October traded lower by Rs 3.90, or 0.85 per cent, to Rs 451.50 per 10 kg in 114 lots.
Market analysts said offloading of positions by speculators due to subdued demand in the spot markets against adequate supplies led to a fall in crude palm oil futures. (PTI)
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