Heavy rains in palm oil-producing Southeast Asia and a dry spell in soy-exporting South America have boosted vegetable oil markets in recent weeks.
Crude oil going above $90 a barrel could see palm oil and soyoil extend gains, traders say.
Benchmark March 2011 crude palm oil futures
Traded volumes stood at 11,642 lots of 25 tonnes each compared to the usual 10,000 lots.