Crude palm oil prices fell 0.57 per cent to Rs 641 per 10 kgs in futures trade today as speculators booked profits at higher levels amid fall in demand in the spot market.
Further, mounting stocks on relentless supplies from growing regions also kept prices down.
At the Multi Commodity Exchange, crude palm oil for delivery in the current month eased Rs 3.70, or 0.57 per cent, to Rs 641 per 10 kgs, in a business turnover of 250 lots.
The oil for delivery in May traded lower by Rs 2.60, or 0.40 per cent, to Rs 649.10 per 10 kgs in 85 lots.
Analysts said profit-booking by speculators at current levels and a fall in demand in the spot market weighed on crude prices.
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