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Crude palm oil futures traded higher by 0.21% to Rs 627.10 per 10 kg today as speculators created fresh positions on rising spot demand.
At the Multi Commodity Exchange, crude palm oil for delivery in August gained Rs 1.10, or 0.21%, to Rs 527.10 per 10 kg in a business turnover of 28 lots.
Likewise, the oil for delivery in July edged up by 30 paise, or 0.06%, to Rs 529.70 per kg in 29 lots.
Analysts said the rise in crude palm oil prices in futures trade was mostly supported by rising demand in the spot markets.
