NEW DELHI, June 29: Crude palm oil prices eased 0.27 per cent to Rs 448 per 10 kg in futures trade today as traders trimmed positions amid sluggish demand in the spot market against adequate stock position.
At Multi Commodity Exchange, crude palm oil for delivery in July declined Rs 1.20, or 0.27 per cent, to Rs 448 per 10 kg in a business turnover of 11 lots.
Similarly, the oil for delivery in June contracts traded lower by 60 paise, or 0.13 per cent, to Rs 452.90 per 10 kg in three lots.
Market analysts attributed the fall to subdued demand in the spot market against sufficient supplies. (PTI)
Follow our WhatsApp channel