Crude palm oil rose by Rs 3 or 0.8 per cent to Rs 378 per 10 kg in futures trade today on sustained buying by speculators at spot markets.
At the Multi Commodity Exchange counter, crude palm oil for May-month contract rose by Rs 3.00, or 0.80 per cent to Rs 378 per 10 kg, with an open interest of 1,037 lots.
Similarly, the oil for delivery in June contract gained Rs 1.2, or 0.32 per cent to Rs 375.9 per 10 kg, with a business volume of 2,209 lots.
Market analysts said sustained buying by speculators due to pick up in demand at spot markets helped crude palm oil prices to trade higher at futures market.
