Crude palm oil remains weak on sluggish demand
Adequate supplies mainly kept pressure on crude palm oil futures
)
Crude palm oil futures for April shed Rs 2.10, or 0.45%, to Rs 459.60 per 10 kg in 172 lots.
At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 2, or 0.44%, to Rs 455 per 10 kg in 164 lots.
Prices weakened as speculators reduced positions on sluggish spot market demand against adequate supplies mainly kept pressure on crude palm oil futures.
At the Multi Commodity Exchange (MCX), the March contract traded lower by Rs 2, or 0.44%, to Rs 455 per 10 kg in 164 lots.
Prices weakened as speculators reduced positions on sluggish spot market demand against adequate supplies mainly kept pressure on crude palm oil futures.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Mar 12 2013 | 2:32 PM IST
