Amid pick up in demand at domestic spot market against restricted supplies from producing belts, crude palm oil prices edged up by 0.42 per cent to Rs 528.80 per 10 kg in futures trade today.
At the Multi Commodity Exchange, crude palm oil for delivery in October month edged higher by 2.20, or 0.42 per cent to Rs 528.80 per 10 kg in business turnover of 38 lots.
Likewise, the oil for delivery in September contracts was trading higher by Rs 1.70, or 0.32 per cent to Rs 530.20 per 10 kg in 109 lots.
Analysts said fresh positions created by participants due to pick up in demand at the spot market against tight stocks position on fall in supplies from producing regions, mainly led to the rise in crude palm oil prices at futures trade.
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