Crude palm oil rose by Rs 1.40 to Rs 452.10 per 10 kg in futures trade today as speculators enlarged positions on strong spot demand amid a firming trend in the Asian region.At the MCX , crude palm oil for delivery in June rose by Rs 1.40, or 0.31%, to Rs 452.10 per 10 kg with a trading volume of 216 lots.
Likewise, the oil for delivery in May rose by Rs 1.20, or 0.26%, to Rs 450.90 per 10 kg, with a business volume of 168 lots.
CPO prices may trade sideways to positive due to steady domestic edible oils. But negative overseas palm oil markets may keep prices under downside pressure.
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