Malaysia CPO down on profit booking, CBOT soy cues.

Futures contracts of crude palm oil fell on the Bursa Malaysia Derivatives as investors booked profits after prices hit a four-month high of 2,692 ringgits per tonne previous close. The most-active October palm oil contract was down 0.75% at 2,657 ringgits (39,859.66 rupees) per tonne. Decline in soyoil contracts on CBOT also weighed on palm oil prices. Prices of crude palm oil and soyoil move in tandem as both are used in the production of bio-fuels.