Crude palm oil falls on profit-booking

Weak overseas trend influenced crude palm oil futures here

Crude palm oil futures for May declined by Rs 4.50, or 0.97%, to Rs 459.10 per 10 kg in 225 lots.

At the Multi Commodity Exchange (MCX), the April contract traded lower by Rs 4.10, or 0.88%, to Rs 459.20 per 10 kg in 250 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), the June contract dropped by 1.8% to 2,303 ringgit ($758) a tonne, the lowest level for the most-active contract since December 20.