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ET:Crude palm oil futures up on spot demand
 
NEW DELHI: Crude palm oil prices marginally up by Rs 4.90 to Rs 562 per 10 kg in futures trade today as traders created fresh positions on the back of a firming spot demand.

At the Multi Commodity Exchange, crude palm oil for delivery in September rose by Rs 4, or 0.71 per cent, to Rs 562 per 10 kg, with a business turnover of 374 lots.

The oil for delivery in October rose by Rs 3.50, or 0.62 per cent, to Rs 564.60 per 10 kg, with a trading volume of 154 lots.

Marketmen said fresh buying by traders, influenced by a firming spot demand mainly helped crude palm oil prices to trade higher at futures trade.
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