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Crude palm oil up 0.45% on spot demand

Fresh positions by speculators triggered the uptrend

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Press Trust of India New Delhi

Crude palm oil futures for January rose by Rs 2, or 0.45%, to Rs 443.40 per 10 kg in 309 lots.

At the Multi Commodity Exchange, the February contract moved up by Rs 2, or 0.44%, to Rs 451.70 per 10 kg in 456 lots.

Firming spot market trend, rising domestic demand supported the trade.

Fresh positions by speculators triggered the uptrend.

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First Published: Jan 18 2013 | 2:43 PM IST

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