Crude palm oil futures traded marginally down on MCX, as market players indulged in reducing positions amid slackened demand. Further, mounting of stocks on relentless supplies from growing regions also kept the price down.
The contract for February was trading at Rs 561.00, declined by 0.44% or Rs 2.50 from its previous closing of Rs 563.50. The open interest of the contract stood at 5051 lots.
The contract for January delivery was trading at Rs 556.70, down by 0.50 % or Rs 2.80 from its previous closing of Rs 559.50. The open interest of the contract stood at 4419 lots on MCX.