Crude palm oil prices fell further by 0.17 per cent to Rs 423.10 per 10 kg in futures trade today as traders engaged in reducing their positions, triggered by adequate stocks on higher supplies from producing regions at spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in far-month January shed 70 paise or 0.17 per cent to Rs 423.10 per 10 kg in business turnover of 204 lots.
On similar lines, the oil for delivery in December contracts eased by 40 paise or 0.10 per cent to Rs 411.40 per 10 kg in 81 lots.
Analysts said sufficient stocks position on higher supplies from producing belts in the physical market against low demand kept pressure on crude palm oil prices at futures trade.
