MSN: Crude palm oil futures trade higher on spot demand
New Delhi, Oct 7 (PTI) Crude palm oil traded higher by Rs 1.80 to Rs 410.80 per 10 kg in futures market today as speculators created fresh positions after a rise in demand at spot markets.
At the Multi Commodity Exchange counter, crude palm oil for November-month rose by Rs 1.80, or 0.44 per cent, to Rs 410.80 per 10 kg, with a business turnover of one lot.
Similarly, the oil for delivery in October-month edged up by Rs 1.30, or 0.32 per cent, to Rs 410.60 per 10 kg, with a business volume of two lots.
Analysts said fresh positions created by speculators on pick up in demand at spot markets led to a rise in crude palm oil at futures market.
