MSN:Crude palm oil futures marginally lower in early trade
New Delhi, Aug 29 (PTI) Crude palm oil eased by 0.18 per cent to Rs 486 per 10 kg in futures trade today as speculators indulged in profit-booking, motivated by a weak trend in the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in September fell by 90 paise, or 0.18 per cent, to Rs 486 per 10 kg, with a business turnover of 34 lots.
Similarly, the oil for delivery in October shed 60 paise, or 0.12 per cent, to Rs 483 per 10 kg in 11 lots.
Marketmen said profit-booking by speculators amid a weak trend in the spot market on subdued demand mainly put pressure on crude palm oil futures prices.
