Crude palm oil for October shipping fell by Rs 6. 20, or even 1. 23%, to Rs 496. eighty per 10 kg, with a trade amount of 31 lots.
The oil prices with regard to delivery in September declined by Rs 3, or even 0. 59%, to Rs 500 for each 10 kg, with a trading amount of 14 lots.
The November contract eased through Rs 1. 60, or 0. 32%, in order to Rs 501. 40 per 10 kg, by having an open interest of one lot.
Traders said selling by speculators among a weakening overseas trend mainly resulted in the fall in crude palm oil prices within the futures trade.
In Malaysia, palm essential oil in December-delivery declined by 0. 80% in order to 3, 043 ringgit ($978) a tonne about the Malaysia Derivatives Exchange.
Source : Business-Standard