# Crude palm oil futures slide 0.46% on profit-booking

> Crude palm oil futures on the Multi Commodity Exchange fell 0.46% to Rs 584.80 per 10 kg. Speculators booked profits amid easing spot demand and ample stocks from increased supplies in producing regions.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/12716-crude-palm-oil-futures-slide-0-46-on-profit-booking
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Routine profit-taking on soft demand and ample supply keeps palm oil prices under mild pressure.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- business-standard.com: https://www.business-standard.com/article/pti-stories/crude-palm-oil-futures-slide-0-46-on-profit-booking-117120100401_1.html

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