Tracking a firming global trend, crude palm oil prices rose by 0.08% to Rs 529.90 per 10 kg in futures trade on pick up in spot demand.
At the Multi Commodity Exchange, crude palm oil for delivery in May traded higher by 40 paise, or 0.08%, to Rs 529.90 per 10 kg, with a business turnover of 45 lots.
Similarly, the oil for delivery in July contract edged higher by 10 paise, or 0.02%, to Rs 526.80 per 10 kg, with a trade volume of 179 lots.
Market analysts said besides firming trend in overseas market, pick up in demand in the spot market mainly led to rise in crude palm oil prices at futures trade.
Meanwhile, palm oil for August contract increased 0.9% to $1,111 per tonne on the Malaysia Derivatives Exchange, the highest level since April 11.
