Tracking a firming global trend, crude palm oil futures prices rose by Rs 4.60 to Rs 471.50 per 10 kg in futures trade today.
At the Multi Commodity Exchange, crude palm oil for August delivery rose by Rs 4.60, or 0.99%, to Rs 471.50 per 10 kg with a business turnover of 86 lots.
Similarly, the oil for July contract delivery moved up by Rs 4.50, or 0.96%, to Rs 472 per 10 kg in 50 lots.
Analysts said apart from a firming trend overseas, fresh buying by traders amid a pick-up in demand mainly pushed up crude palm oil prices in futures trade.
Meanwhile, palm oil for September delivery gained 1.4% to $1,017 per metric tonne on the Malaysia Derivatives Exchange.
