Crude palm oil prices rose by Rs 1.40 or 0.38 per cent to Rs 368.80 per 10 kg in futures market today on fresh buying by traders and pick up in demand.
At the Multi Commodity Exchange, crude palm oil for August contract gained Rs 1.40, or 0.38 per cent to Rs 368.80 per 10 kg, with an open interest of 594 lots.
Similarly, the oil for delivery in June-month contract traded higher by Rs 1.10, or 0.30 per cent to Rs 371.30 per 10 kg, with an open interest of 1,521 lots.
Market analysts said fresh positions created by traders in view of pick up in demand at spot markets, led to a rise in crude palm oil futures prices.
