NEW DELHI, July 24: Supported by improved demand at spot market, crude palm oil prices were up 0.37 per cent to Rs 430.70 per 10 kg in futures trade today as speculators widened positions.
At the Multi Commodity Exchange, crude palm oil for delivery in August went up by Rs 1.60, or 0.37 per cent to Rs 430.70 per 10 kg in a business turnover of 131 lots.
Also, the oil for delivery in July contracts traded higher by 80 paise, or 0.19 per cent to Rs 430.10 per 10 kg in 49 lots.
Market analysts said fresh positions built up by speculators driven by rising demand at the spot market, mainly led to the rise in crude palm oil prices in futures trade. (PTI)
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