28/10/2015 (Economic Times) - Crude palm oil rose by Rs 3.60 to Rs 412.10 per 10 kg in futures trade today as speculators enlarged positions on rising spot demand.

Besides, firming trend overseas supported the upside.

At the Multi Commodity Exchange, crude palm oil for delivery in December rose Rs 3.60, or 0.88 per cent, to Rs 412.10 per 10 kg with a trading volume of 102 lots.

Likewise, the oil for delivery in November increased by Rs 3.20, or 0.79 per cent, to Rs 408 per 10 kg, with a business volume of 102 lots.

Analysts attributed rise in crude palm oil prices at futures trade to building up of fresh positions by speculators, driven by rising demand in the spot markets and a firming trend in the Asian region.