Crude palm oil prices weakened by 0.20 per cent to Rs 654 per 10 kg in futures trade today as speculators reduced exposure amid easing demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in April declined by Rs 1.30, or 0.20 per cent to Rs 654 per 10 kg in business turnover of 48 lots.
Likewise, the oil for delivery in May shed 90 paise, or 0.14 per cent to Rs 659.30 per 10 kg in 28 lots.
Analysts said cutting down of positions by participants owing to slackened demand in the physical market against adequate stocks position led to the fall in crude palm oil futures.
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