At the Multi Commodity Exchange, crude palm oil for delivery in February added Rs 1.60, or 0.29 per cent, to Rs 545.70 per 10 kg in a business turnover of 180 lots.
Likewise, oil for delivery in March traded higher by Rs 1.10, or 0.20 per cent, to Rs 547.40 per 10 kg in 87 lots.
Analysts said speculation enlarged their positions due to increased demand in the spot market which led an upward movement in crude palm oil for the fourth day at futures trade.