Crude palm oil shed 0.32% profit-booking
At the Multi Commodity Exchange, crude palm oil for delivery in November declined by Rs 1.40, or 0.32 per cent, to Rs 434 per 10 kg, with a business turnover of 365 lots.
Similarly, the oil for delivery in December traded lower by the same margin to Rs 439.50 per 10 kg, with a business turnover of 510 lots.
Marketmen said besides profit-booking by speculators at prevailing higher levels, subdued demand in the spot market against adequate stocks position mainly led to a decline in crude palm oil prices at futures market.
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