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Crude palm oil prices rose further by 0.20% to Rs 546 per 10 kg in futures market today as speculators enlarged their positions, taking positive cues from the spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in June gained Rs 1.10, or 0.20% to Rs 546 per 10 kg in business turnover of 5 lots.
Similarly, the oil for delivery in May edged up by 30 paise, or 0.05% to Rs 549.50 per 10 kg in 25 lots.
Analysts said speculators enlarged their positions on the back of good spot market demand against tight supplies and this mainly kept crude palm oil prices up at futures trade.
