NEW DELHI, Oct 28: Crude palm oil rose by Rs 2.90 to Rs 539.90 per 10 kg in futures trade today as traders and speculators indulged in expanding positions, driven by rising demand in spot market.
At the Multi Commodity Exchange, crude palm oil for delivery in November rose by Rs 2.90, or 0.54 per cent, to Rs 539.90 per 10 kg, with a business turnover of 127 lots.
The oil for October delivery increased by Rs 1.80, or 0.33 per cent, to Rs 544.50 per 10 kg, with trading volume of 19 lots.
Marketmen attributed the rise in crude palm oil prices at futures trade to rising demand at spot demand. (PTI)
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