Crude palm oil remains weak on global cues

Crude palm oil futures for March declined by 80 paise, or 0.18%, to Rs 454.70 per 10 kg in 242 lots.

At the Multi Commodity Exchange (MCX), the April contract went down 70 paise, or 0.15%, to Rs 460 per 10 kg in 206 lots.

Prices weakened as speculators trimmed their positions.

Weak global trend influenced the crude palm oil futures trade here.

On the Malaysia Derivatives Exchange (MDEX), the May contract dropped 1.1% to $766 a metric tonne.