Amid pick-up in demand at domestic spot market, crude palm oil prices were up by 0.45 per cent to Rs 472.40 per 10 kg in futures trade today as speculators built up fresh positions.
At Multi Commodity Exchange, crude palm oil for delivery in July month rose by Rs 2.10, or 0.45 per cent to Rs 472.40 per 10 kg in business turnover of 129 lots.
Likewise, the oil for delivery in June month contracts traded higher by Rs 1.20, or 0.29 per cent to Rs 483.20 per 10 kg in 135 lots.
Analysts said fresh positions created by participants, driven by pick up in demand in the spot market, mainly led to rise in crude palm oil prices at futures trade.
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