# Crude palm oil futures remain weak on muted demand, shed 0.19%

> Crude palm oil futures on the Multi Commodity Exchange of India fell 0.19% to Rs 575.70 per 10 kg. Speculators trimmed positions amid sluggish spot demand and adequate stocks from higher supplies in producing regions.

- Date: 2017-12-07 · published 2017-12-07T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/12714-crude-palm-oil-futures-remain-weak-on-muted-demand-shed-0-19
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weak Indian futures reflect soft demand and ample stocks, which keeps pressure on palm oil prices in the near term.

## Read by commodity

- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2017-12-07 | 5 | -5.1% | -2.8 | On Dec 7 Indian CPO futures fell on sluggish spot demand and adequate stocks, which confirms weak demand and ample supply in a key importing market, though the move itself was small. |

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/crude-palm-oil-futures-remain-weak-on-muted-demand-shed-0-19-117120700236_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.