Besides, adequate stocks position on increased supplies from the producing regions, fuelled the downtrend.
At the Multi Commodity Exchange, crude palm oil for delivery in March declined Rs 1.70, or 0.30 per cent, to Rs 573 per 10 kg in business turnover of 56 lots.
On similar lines, the oil for delivery in February was trading lower by Rs 1.30, or 0.23 per cent, to Rs 569.50 per 10 kg in 57 lots.
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