NEW DELHI, June 23: Crude palm oil prices rose 0.98 per cent to Rs 524.50 per 10 kg in futures trading today after speculators built-up positions amid rising demand in spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in July rose by Rs 5.10, or 0.98 per cent, to Rs 524.50 per 10 kg in a business turnover of 77 lots.
In a similar fashion, the oil for delivery in June gained Rs 4.80, or 0.94 per cent, to Rs 527.80 per 10 kg in 31 lots.
Analysts said fresh positions built-up by speculators after demand picked up in the spot market amid restricted supplies influenced crude palm oil prices at futures trade. (PTI)
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