Crude palm oil futures fall 1.53% on profit-booking

NEW DELHI, Oct 30:  Crude palm oil futures eased by 1.53 per cent to Rs 463.10 per 10 kg today after speculators booked profits at prevailing levels amid subdued spot demand.
At the Multi Commodity Exchange, crude palm oil for delivery in November declined by Rs 7.20, or 1.53 per cent, to Rs 463.10 per 10 kg in a business turnover of 1,043 lots.
Similarly, the oil for delivery in October fell by a Re, or 0.22 per cent, to Rs 451.70 per 10 kg in 86 lots.
Analysts said besides profit-booking by speculators at existing higher levels, subdued demand in the spot market and a weak trend overseas, influenced crude palm oil futures. (PTI)

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