Crude palm oil prices went up by 0.21 per cent to Rs 595 per 10 kg in futures trade today as speculators widened their positions amid firm demand at the spot market.
Besides, a positive trend in overseas markets supported the upmove.
At the Multi Commodity Exchange, crude palm oil for September contract rose by Rs 1.30, or 0.21 per cent, to Rs 595 per 10 kg in a business turnover of 70 lots.
Similarly, the oil for delivery in this month's contract went up by Re 1, or 0.16 per cent, to Rs 596.30 per 10 kg in 114 lots.
Analysts said widening of positions by participants amid pick up in spot demand against tight stocks position on restricted supplies from overseas markets kept crude palm oil prices higher in futures trade.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)