Crude palm oil remains weak on sluggish demand

Crude palm oil futures for April shed Rs 2.10, or 0.45%, to Rs 459.60 per 10 kg in 172 lots.     

At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 2, or 0.44%, to Rs 455 per 10 kg in 164 lots.

Prices weakened as speculators reduced positions on sluggish spot market demand against adequate supplies mainly kept pressure on crude palm oil futures.