NEW DELHI: Crude palm oil prices marginally up by Rs 1.50 to Rs 456.20 per 10 kg in futures trade on Friday as speculators created fresh positions amid indications of pick-up in demand in spot markets. On the Multi Commodity Exchange, crude palm oil for May delivery rose by Rs 1.50, or 0.32 per cent, to Rs 456.20 per kg, with a trading volume of 111 lots. Similarly, the oil for delivery in June went up by Rs 1.10, or 0.24 per cent, to Rs 454.40 per 10 kg, with a business turnover of 438 lots. Analysts said fresh positions created by speculators, driven by hopes of pick-up in demand in spot markets, mainly led to a rise in crude palm oil prices at futures market. They said firming global trend further supported the uptrend to some extent. Meanwhile, the oil climbed 0.90 per cent to $749 a tonne on the Malaysia Derivatives Exchange.

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