Crude palm oil prices edged up by 0.10 per cent to Rs 492.40 per 10 kg in futures market today as speculators engaged in enlarging positions, taking positive cues from spot market on rising demand.
At the Multi Commodity Exchange, crude palm oil for delivery in September edged higher by 50 paise, or 0.10 per cent, to Rs 492.40 per 10 kg in a business turnover of 34 lots.
Likewise, the oil for delivery in August was up by 20 paise, or 0.04 per cent, to Rs 492.80 per 10 kg in 174 lots.
Analysts said widening of positions by participants on the back of surging demand in the physical markets, mainly kept crude palm oil prices higher at futures trade.
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