Crude palm oil futures rose by Rs 3.50 to Rs 400.20 per 10 kg today as traders enlarged their positions tracking strong cues from spot market.
At the Multi Commodity Exchange, crude palm oil for August month rose by Rs 3.50, or 0.88 per cent, to Rs 400.20 per 10 kg with an open interest of 1,602 lots.
Similarly, the oil for delivery in September month gained Rs 3.50, or 0.89 per cent, to Rs 397.50 per 10 kg in 1,715 lots.
Market analysts said traders enlarged their positions on expectations of pick up in demand in the spot market in view of festive season mainly pushed up crude palm oil prices.