Crude palm oil falls 1.49% on global cues

Exports from Malaysia falling by 25% also affected the trade

Crude palm oil futures for February fell by Rs 6.70, or 1.49% to Rs 444.40 per 10 kg in 1,360 lots.

At the Multi Commodity Exchange, the January contract declined by Rs 6.40, or 1.45% to Rs 435.80 per 10 kg in 1399 lots.

The trade was affected as speculators offloaded their positions and exports from Malaysia fell by 25%.

On the Malaysia Derivatives Exchange the March cntract fell 0.6% to $ 789 a metric tonne.