Mumbai, June 6, 2016: Crude palm oil rates edged up by 0.13 % to Rs 532.60 per 10 kg in futures trading today as members built up fresh places after insist picked up in the spot market.

At the Multi Commodity Exchange, crude palm oil for delivery in June rose by 70 paise or 0.13 % to Rs 532.60 per 10 kg in a business turnover of 33 lots.

On similar lines, the oil for delivery in far-month July contracts deals high by 50 paise or 0.09 % to Rs 530.50 per 10 kg in 30 lots.

As per the analysts, they attributed rise in crude palm oil prices at futures trade to building up of positions by speculators, driven by pick up in demand in the spot market against restricted supplies from producing regions.”