New Delhi (PTI): Crude palm oil futures fell by 1.92 per cent in early trade on the Multi Commodity Exchange on Friday with traders reducing positions following increased arrivals in the spot markets.

Crude palm oil for the September contract was trading 1.92 per cent down at Rs 322 per 10 kg at MCX at 1030 hrs. The July contract was trading 1.48 per cent down at Rs 320.40 per 10 kg, with trading volume of 113 lots.

The August contract lost 1.29 per cent at Rs 320.70 per 10 kg with an open interest of 65 lots.

Analysts said the adequate stocks position in the spot markets following increased arrivals from overseas market put pressure on crude palm oil prices at futures market.

Weak trend in global markets and subdued demand in the physical markets also weighted on the prices, they added.