Outlook India (01/08/2018) - New Delhi, Aug 1 Crude palm oil prices fell by 0.45 per cent to Rs 597 per 10 kg in futures market today as speculators engaged in cutting bets, tracking a weak trend at spot market on easing demand.

At the Multi Commodity Exchange, crude palm oil for delivery in August fell by Rs 2.70, or 0.45 per cent, to Rs 597 per 10 kg in a business turnover of 649 lots.

Likewise, the oil for delivery in September contract shed Rs 1.90, or 0.32 per cent, to Rs 593 per 10 kg in 105 lots.

Analysts said offloading of positions by participants owing to sluggish demand in the physical market against adequate stocks positions kept crude palm oil futures low. PTI DPL KPS ANU ANU

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