Futures contracts of crude palm oil fell 2% on the Bursa Malaysia Derivatives tracking losses in soyoil contracts on the CBOT. The most-active March contract of crude palm oil on the Malaysian bourse closed at 2,449 ringgits (38,489.67 rupees) per metric tonne, down 2% from the previous close. Lower demand for crude palm oil further weighed on the prices. Demand for palm oil demand weakens during winters, as it tends to solidify in low temperatures, pushing buyers to rein in purchases.