Crude palm oil prices fell by Rs 6.20 per kg in futures trade today on selling by speculators amid adequate stocks.
Crude palm oil for October delivery fell by Rs 6.20, or 1.23%, to Rs 496.80 per 10 kg, with a trade volume of 31 lots.
The oil prices for delivery in September declined by Rs 3, or 0.59%, to Rs 500 per 10 kg, with a trading volume of 14 lots.
The November contract eased by Rs 1.60, or 0.32%, to Rs 501.40 per 10 kg, with an open interest of one lot.
Traders said selling by speculators amid a weakening overseas trend mainly led to the fall in crude palm oil prices in the futures trade.
In Malaysia, palm oil in December-delivery declined by 0.80% to 3,043 ringgit ($978) a tonne on the Malaysia Derivatives Exchange.
