At Multi Commodity Exchange, crude palm oil for delivery in August declined by Re 1, or 0.21 per cent to Rs 480.50 per 10 kg in business turnover of 14 lots.
Similarly, the oil for delivery in September contracts shed 80 paise, or 0.17 per cent, to Rs 480.50 per 10 kg in 9 lots.
Analysts said trimming of positions by traders following easing demand in the spot market against ample stocks mainly led to decline in crude palm oil prices at futures trade.
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