Crude palm oil futures remain weak on subdued demand

NEW DELHI, Nov 19:  Crude palm oil remained weak for the second day with prices falling 0.21 per cent to Rs 563 per 10 kg in futures market today due to subdued spot demand.
At the Multi Commodity Exchange, crude palm oil for delivery in November declined Rs 1.20, or 0.21 per cent, to Rs 563 per 10 kg in business turnover of 47 lots.
Similarly, oil for delivery in December traded lower by Rs 1.10, or 0.19 per cent, to Rs 564.90 per 10 kg in 29 lots.
Analysts said subdued demand in the spot market against adequate stocks position mainly kept pressure on crude palm oil prices at futures trade. (PTI)