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Supported by rising demand at the spot market, crude palm oil prices were up 0.59% to Rs 436.20 per 10 kg in futures market today as speculators widened positions.
At the Multi Commodity Exchange, crude palm oil for delivery in August edged higher by Rs 2.60, or 0.59%, to Rs 436.20 per 10 kg in a business turnover of 62 lots.
Similarly, the oil for delivery in July was trading higher by Rs 2.20, or 0.50%, to Rs 435.20 per 10 kg in 46 lots.
Market analysts said fresh positions created by speculators following rising demand at spot market, mainly influenced crude palm oil prices at futures trade.
