NEW DELHI, Feb 20: Crude palm oil prices rose by Rs 3.20 to Rs 469.90 per 10 kg in futures trade today as speculators created fresh positions on expectations of a rise in spot market demand.
A firming trend in the overseas markets also influenced the crude palm oil futures prices.
On the Multi Commodity Exchange, crude palm oil for March delivery rose by Rs 3.20, or 0.68 per cent, to Rs 469.90 per kg, with a trading volume of 463 lots.
Similarly, the oil for delivery in February moved up by Rs 2.60, or 0.56 per cent, to Rs 460 per 10 kg, with a business turnover of 399 lots.
Meanwhile, palm oil climbed 0.70 per cent to USD 835 a tonne on the Malaysia Derivatives Exchange. (PTI)
Follow our WhatsApp channel