Besides, sufficient stocks position following higher supplies from the producing belts too fuelled the downtrend.
At the Multi Commodity Exchange, crude palm oil for delivery this month eased by Rs 2, or 0.41 per cent, to Rs 480.50 per 10 kg, in a business turnover of 176 lots.
On similar lines, the oil for delivery in August traded lower by Rs 1.90, or 0.39 per cent, to Rs 477 per 10 kg in 423 lots.
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