NEW DELHI, May 29: Crude palm oil prices advanced by 0.11 per cent to Rs 525 per 10 kg in futures trading today as speculators enlarged positions on rising demand in the spot markets.
At the Multi Commodity Exchange, crude palm oil for delivery in May rose by 60 paise, or 0.11 per cent, to Rs 525 per 10 kg in a business turnover of 7 lots.
Similarly, the oil for June contract edged up by 40 paise, or 0.08 per cent, to Rs 518 per 10 kg in 137 lots.
Analysts said increased buying by speculators on the back of rising demand in the spot market pushed up crude palm oil prices at futures trade. (PTI)
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