Crude palm oil futures edged down on MCX due to offloading of positions by participants owing to weak demand at physical markets. Further, adequate stock position following higher supply from the producing belts too fuelled the downtrend. The contract for September delivery was trading at Rs 524.30, down by 0.15% or Rs 0.80 from its previous closing of Rs 525.10. The open interest of the contract stood at 4434 lots.

The contract for October delivery was trading at Rs 522.50, down by 0.19% or Rs 1.00 from its previous closing of Rs 523.50. The open interest of the contract stood at 1394 lots on MCX.

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