NEW DELHI, May 23: Crude palm oil prices eased by 0.35 per cent to Rs 535.40 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid sluggish demand in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in June fell by Rs 1.90, or 0.35 per cent, to Rs 535.40 per 10 kg in business turnover of 27 lots.
Similarly, the oil for delivery in May shed Rs 1.60, or 0.30 per cent, to Rs 536.50 per 10 kg in 52 lots.
Analysts said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market against adequate stocks position, led to the fall in crude palm oil prices at futures trade. (PTI)
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