 "Crude palm oil up 0.20% as demand rises")
Crude palm oil prices were up 0.20 per cent to Rs 397.80 per 10 kg in futures trade today as participants created fresh positions, amid pick up in spot demand at domestic markets and restricted supplies from producing regions.
At the Multi Commodity Exchange, crude palm oil for delivery in December edged up by 80 paise, or 0.20 per cent to Rs 397.80 per 10 kg in a business turnover of 25 lots.
On similar lines, the oil for delivery in January traded higher by 60 paise, or 0.15 per cent to Rs 407.40 per 10 kg in seven lots.
Analysts attributed the rise in crude palm oil futures to pick up in demand in the spot market amid restricted supplies from producing regions.
