Crude palm oil rose by Rs 2.30 to Rs 409.70 per 10 kg in futures trade today as speculators enlarged positions on strong spot demand.
Besides, firming trend in the Asian region also influenced its prices.
At the Multi Commodity Exchange, the January contract rose by Rs 2.30, or 0.56%, to Rs 409.70 per 10 kg with a trading volume of 481 lots.
The December contract rose by Rs 1.90, or 0.47%, to Rs 405 per 10 kg, with a business volume of 388 lots.
Analysts said firming trends in both global and spot markets supported the upside in crude palm oil futures prices here.
Meanwhile, palm oil prices for February delivery gained 0.9% to 2,250 ringgit ($736) a tonne on the Malaysia Derivatives Exchange.
