Crude palm oil down 0.84% on profit-selling

Crude palm oil futures for February fell by Rs 3.80, or 0.84%, to Rs 443.70 per 10 kg in 450 lots.

At the Multi Commodity Exchange, the January contract moved down by Rs 2.20, or 0.5%, to Rs 436 per 10 kg in 170 lots.

Profit-booking at existing levels amid fall in spot market demand affected the trade.

Besides, offloading of positions by speculators on the back of subdued demand pulled down crude palm oil futures prices.