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Crude palm oil up on spot demand

The pick-up in spot demand mainly led to the rise in crude palm oil prices at futures market

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Press Trust of India New Delhi

Crude palm oil futures prices today traded marginally higher by Rs 2.10 to Rs 630.30 per 10 kg on pick-up in spot demand.

At the Multi Commodity Exchange, the May contract rose by Rs 2.10, or 0.33%, to Rs 630.30 per 10 kg in business turnover of 237 lots.

The June contract edged up by Rs 1.60, or 0.25%, to Rs 632.10 per 10 kg in 195 lots.

Analysts said pick-up in spot demand mainly led to the rise in crude palm oil prices at futures market.

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First Published: May 02 2012 | 12:05 PM IST

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