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Supported by rising demand in the spot market, crude palm oil futures traded marginally higher by Rs 1.50 in futures trade today.
At the Multi Commodity Exchange, crude palm oil for March delivery traded higher by Rs 1.50 or 0.26 per cent to Rs 575.80 per 10 kg, with a business volume of a single lot.
Likewise, the oil for delivery in February moved up by Rs 1.40 or 0.25 per cent to Rs 568.50 per 10 kg with an open interest of two lots.
Market analysts said fresh positions created by speculators following pick up in demand in the spot market, led to the rise in prices at futures trade.
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