Crude palm oil futures prices fell further by Rs 8 to Rs 538.60 per 10 kg today on continued profit-booking by speculators amid subdued demand.

Weakening trend in overseas markets also put pressure on the prices.

At the MCX, crude palm oil for delivery in June declined further by Rs 8, or 1.46%, to Rs 538.60 per 10 kg, with a business turnover of 134 lots.

The July contract fell by Rs 5.90, or 1.07%, to Rs 541.80 per 10 kg with trading volume of 278 lots.

Analysts said besides profit-booking by speculators at existing levels, subdued demand in the spot market also influenced crude palm oil futures prices.