At the Multi Commodity Exchange, crude palm oil for delivery in March rose Rs 3.80, or 0.70 per cent, to Rs 541 per 10 kg in a business turnover of 26 lots.
Likewise, oil for delivery in February traded up by Rs 3.10, or 0.58 per cent, to Rs 536.60 per 10 kg in 132 lots.
Analysts said besides strong domestic demand, firming trends in the global markets, on speculation that demand may improve as dry weather hurt soybean output prospects in South America also influenced prices.
