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Crude palm oil futures up 1.06 pc on spot demand

Press Trust of India  |  New Delhi 

Crude prices rose by 1.06 per cent at Rs 579.80 per 10 kg in futures trade today as traders created fresh positions, supported by pick-up in demand at spot market amid firm global cues.

At the Multi Commodity Exchange, crude for delivery in current month rose by Rs 6.10, or 1.06 per cent, to Rs 579.80 per 10 kg, in a business turnover of 981 lots.

The March contract was trading higher by Rs 5.80, or 1 per cent, to Rs 583 per 10 kg in 548 lots.

A firm trend in global markets supported crude prices, analysts said.

Restricted supplies from producing belts also supported the uptrend in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 12:25 IST