Crude palm oil futures gains by 0.27 percent on demand
At the Multi Commodity Exchange, crude palm oil for this month rose by Rs 1.60 or 0.27 per cent to Rs 590.50 per 10 kg in a business turnover of 212 lots.
Besides, a positive trend in overseas markets supported the upmove.
Analysts said widening of positions by participants amid pick up in spot demand against tight stocks position on restricted supplies from overseas markets mainly kept crude palm oil prices higher at futures trade.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)