New Delhi, Jun 18 (PTI) Crude palm oil prices fell 0.52 per cent to Rs 637 per 10 kg in futures trade today as speculators booked profits amid fall in demand at the spot market.
Moreover, weak international prices and higher domestic stocks also weighed on the CPO prices at future market.
At the Multi Commodity Exchange, crude palm oil for delivery in July declined by Rs 3.30, or 0.52 per cent, to Rs 637 per 10 kg in a business turnover of 259 lots.
On similar lines, the oil for delivery in June was trading down by Rs 3.20, or 0.50 per cent, at Rs 638.50 per 10 kg in 225 lots.
Analysts said profit-booking by speculators at prevailing levels and fall in demand at spot market weighed on crude palm oil prices. (PTI)
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