New Delhi: Crude palm oil prices slipped further by Rs 1.30 or 0.35 per cent to Rs 366.30 per 10 kg in futures trading today as traders reduced their positions after a weakening global trend. At the Multi Commodity Exchange, crude palm oil for May contract declined by Rs 1.30, or 0.35 per cent to Rs 366.30 per 10 kg, with an open interest of 2,350 lots. The oil for delivery in June contract also went down by a rupee, or 0.27 per cent to Rs 367.20 per 10 kg with a business turnover of 1,400 lots. Market analysts said, sustained selling by traders influenced by a weakening global trend led to a fall in crude palm oil prices at futures trade. Meanwhile, palm oil for July delivery fell 0.7 per cent to USD 792 a metric tonne on the Malaysia Derivatives Exchange.

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