Crude palm oil futures fall 1.64 per cent on profit-booking

NEW DELHI, Sept 22:  Crude palm oil futures prices fell by 1.64 per cent to Rs 442 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 October eased by Rs 7.40, or 1.64 per cent, to Rs 442 per 10 kg in business turnover of 105 lots.
Similarly, the oil for delivery in September traded lower by Rs 4.90, or 1.06 per cent, to Rs 455 per 10 kg in 32 lots.
Analysts said besides profit-booking by speculators at existing higher levels, subdued demand in the spot market and a weak trend overseas also influenced crude palm oil futures prices. (PTI)

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