Crude palm oil prices rose Rs 2.20 to Rs 625.20 per 10 kg in futures trading today as speculators created fresh positions on the back of a firming trend at spot market on pick up in demand.
At the Multi Commodity Exchange, the May delivery gained Rs 2.20, or 0.35%, to Rs 625.70 per 10 kg, with a business turnover of 586 lots.
The June delivery traded higher by Rs 2.10, or 0.30%, to Rs 629.70 per 10 kg, with a business turnover of 559 lots.
Market analysts said fresh positions built up by speculators, tracking a firming trend in the spot markets on rising demand, mainly led to a rise in crude palm oil prices at futures trade.
