Crude palm oil prices went up by 0.46 per cent to Rs 608.90 per 10 kg in futures trade today as speculators widened their positions amid firm demand at the spot market.
Besides, a positive trend in overseas markets supported the upmove.
At the Multi Commodity Exchange, crude palm oil for October rose by Rs 2.80, or 0.46 per cent, to Rs 608.90 per 10 kg, in a business turnover of 90 lots.
Similarly, the oil for delivery in this month went up by Rs 1.80, or 0.29 per cent, to Rs 604.90 per 10 kg in 90 lots.
Analysts said widening of positions by participants amid pick-up in spot demand against tight stocks position on restricted supplies from overseas markets kept crude palm oil prices higher in futures trade.
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