It gained 1.2% to $795 a tonne on the Malaysia Derivatives Exchange
At the Multi Commodity Exchange, the January contract rose by Rs 3.20, or 0.76%, to Rs 421.20 per 10 kg with a trading volume of 397 lots. Likewise, the oil for delivery in December rose by Rs 2.60, or 0.63 per cent, to Rs 411 per 10 kg, with a business volume of 242 lots.
Analysts said apart from a firming trend overseas, pick- up in the spot demand mainly helped crude palm oil futures prices.
Meanwhile, palm oil gained 1.2% to $795 a tonne on the Malaysia Derivatives Exchange.
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