Crude palm oil falls 0.5% on profit-booking
Weak overseas trend influenced crude palm oil futures here
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Crude palm oil futures for May declined by Rs 2.50, or 0.54%, to Rs 460.20 per 10 kg in 236 lots.
At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 1.30, or 0.27%, to Rs 464.70 per 10 kg in 33 lots.
Prices fell as speculators booked profits at prevailing higher levels.
Weak overseas trend also influenced crude palm oil futures prices.
On the Malaysia Derivatives Exchange (MDEX), palm oil dropped by 1% to $757 a tonne.
At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 1.30, or 0.27%, to Rs 464.70 per 10 kg in 33 lots.
Prices fell as speculators booked profits at prevailing higher levels.
Weak overseas trend also influenced crude palm oil futures prices.
On the Malaysia Derivatives Exchange (MDEX), palm oil dropped by 1% to $757 a tonne.
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First Published: Apr 29 2013 | 2:45 PM IST