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Crude palm oil up more than 1% on spot demand

Prices rose as speculators created fresh positions

Press Trust of India New Delhi
Crude palm oil futures for May rose by Rs 5.60, or 1.20% to Rs 473.70 per 10 kg in 1,550 lots.     

At the Multi Commodity Exchange (MCX), the April contract traded higher by Rs 5.20, or 1.03% to Rs 470.40 per 10 kg in 1,129 lots.

Prices rose as speculators created fresh positions after pick-up in spot market demand.

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First Published: Apr 10 2013 | 2:21 PM IST

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