Crude palm oil prices traded lower by 0.11% to Rs 554.30 per 10 kg in futures trade today owing to subdued demand in the spot market against adequate stocks position.
At the Multi Commodity Exchange, crude palm oil for delivery in August traded marginally down by 60 paise, or 0.11%, to Rs 554.30 per 10 kg, with a business turnover of 66 lots.
The September contract shed 10 paise, or 0.02%, to Rs 558.90 per 10 kg, with a business turnover of 347 lots.
Marketmen said subdued spot market demand against adequate stocks position influenced crude palm oil prices at futures trade.
