In Q1 2025, The PFAD market recorded stable growth in this quarter, with price increases generally ranging from 3-9%. Such growth was underpinned by normalized supply flows and sustained demand from renewable fuel and chemical sectors amidst energy transition efforts globally.
Producers have focused on improving the sustainability of certifications and refining capacities to meet increasing regulatory standards. Export markets benefited from increasing renewable energy commitments, especially in key importing countries across Asia and Europe.
Freight costs posted minor declines, facilitating trade flows and easing logistic pressures. Despite such an upbeat scenario, buyers remained cautious due to the global economic uncertainty factor and geopolitical risks influencing supply chain reliability.
Overall, the PFAD market in this quarter reflected a maturing renewable feedstock sector that has been increasingly driven by changes in energy-environment policy and evolving industrial demand.
Malaysia: Palm Distillate (Palm Fatty Acid Distillate) Export prices from Malaysia.
In Q1 2025, PFAD prices in Malaysia continued to increase by 7.07%, fluctuating within a range of USD 969 to 1,070 per metric ton. Prices in March moderately went up by 0.77% due to the stabilization of supply flows and continued demand improvement from renewable fuel and chemical industries amidst global energy transition trends.
Manufacturers focused on value addition through better sustainability certification and increased refining capacity to meet higher regulatory standards for renewable and low-carbon products. Exporters enjoyed positive sentiment due to increasing renewable energy policies in major importing countries.
However, buyers were somewhat cautious, wary of the prospects of global economic uncertainties and geopolitical risks that may impact supply chain reliability. This quarter reflects a positive pricing environment combined with cautious market positioning, hence indicating a maturing feedstock market for renewables influenced by energy and environmental policy changes.
Indonesia
Palm Distillate (Palm Fatty Acid Distillate) Import prices of Indonesia from Malaysia.
In Q1 2025, PFAD prices in Indonesia recorded a 7.76% increase in price, ranging from USD 955 to 1,050 per metric ton, despite a 1.95% dip in March. The Indonesia price trend pointed towards market resilience in respect of biodiesel blending and growing oleochemical activities as government policies continued to favor renewable fuels for sustainability. Production efficiencies and consistency had a balanced effect on demand, while freight and logistics improved marginally, aiding both cost control and timely delivery.
Buyers corrected inventory strategies in an effort toward striking a balance between supply risks and steady market demand. The quarter hinted at a promising price outlook in Indonesia’s PFAD sector, as industry players prepare for continued regulatory support and market expansion.
Netherlands
Palm Distillate (Palm Fatty Acid Distillate) Import prices of Netherlands from Malaysia.
In Q1 2025, PFAD price in Netherlands decreased by 3.35%, fluctuating within the range of USD 1,120 to 1,190 per metric ton. Freight charges continued to decline sharply, benefitting from stabilized fuel prices and better capacity management among carriers. March saw a further decline of 2.78%, pointing to the weakening demand in both the oleochemical and Biodiesel sectors amidst oversupply by Southeast Asian producers.
Participants have moved with caution, carefully managing inventories, and changing procurement strategies under regulatory uncertainties and dynamic global economic conditions. This quarter was corrective for the prices of PFAD in the Netherlands and underlined their sensitivity towards both alterations in supply and demand and underlying logistic cost elements, hence signaling a phase of challenges in the transitional policy and trade landscapes.
China
Palm Distillate (Palm Fatty Acid Distillate) Import prices of China from Malaysia.
In Q1 2025, Palm Fatty Acid Distillate (PFAD) prices in China continued to move upward, increasing by 6.70% within the quarter and fluctuating between USD 986 and 1,085 per metric ton. Freight charges slightly decreased as market sentiment steadied and capacity improved, allowing some relief for exporters and importers. Remarkably, the last month of this quarter saw a slight decrease of 0.71%.
This quarter saw steady demand from Biodiesel producers and the oleochemical industry, impelled by China’s energy transition and increased regulatory encouragement for renewable fuels. Supply chains benefited from post-holiday stabilization that improved product availability and efficiency in the way products were distributed.
With the volatility of the world commodity markets and changes in international policies, market participants remained cautiously optimistic. The overall price trend of the product in China during this quarter reflected resilience, balancing robust consumption with minor short-term fluctuations against a dynamic international landscape.
South Korea
Palm Distillate (Palm Fatty Acid Distillate) Import prices of Indonesia South Korea Malaysia.
In Q1 2025, PFAD price in South Korea increased by 7.61% and fluctuated within the range of USD 980-1,075 per metric ton. There was a slight increase in freight charges due to seasonal fluctuations in demand accompanied by volatile fuel prices impacting shipping rates. A decline of 2.10% has been seen in March, showing some cooling off in the short-term market.
This quarter stood firm due to the growth of industries manufacturing renewable fuels and oleochemicals, while the environmental mandates also continued. Supply chain logistics returned to normal post-holiday seasons and therefore ensured smoother product flows.
Despite minor retracement in March, overall quarterly performance showed resistance as manufacturers balanced their procurement and production strategies. The price trend during the period harnessed cautious optimism through global commodity volatility and a shifting policy landscape which influences South Korea’s PFAD market.
India
Palm Distillate (Palm Fatty Acid Distillate) Import prices of India from Malaysia.
In Q1 2025, PFAD prices from Ahmedabad saw a significant surge of 9.78%, whereas the prices fluctuated in the range of USD 1,063 to 1,162 per metric ton. During March, the price was relatively down by 0.50%, which reflected minor easing after sustained demand driven by policies supporting renewable energy and oleochemical industries. This was supported by continuous government initiatives of promoting biofuel blending, environmental sustainability, and local oilseed production.
Supply chains remained strong, and players in the industry were actively operating on inventory balancing to meet the growing industrial demand. The price trend of PFAD in India during the quarter exhibited that the country had moved into a resilient and upward-trending market, backed by expanding industrial applications and favorable regulatory environments, positioning PFAD as a vital feedstock in sustainable manufacturing.
In Q2 2025, the PFAD market came under notable downward pressure, with a decline generally ranging between 3% and 11%. This was driven by weaker biodiesel demand caused by relaxations in renewable fuel mandates and oversupply, particularly due to increased Palm Oil production in Indonesia.
The oleochemical sector was restrained in purchases as economic slowdowns and inflationary challenges mounted, and exporters/processors found their supply cuts inadequate to sufficiently offset global oversupply.
Freight costs have generally eased in some regions, briefly easing the logistical burden, but global macroeconomic uncertainty, trade tensions, and currency fluctuations helped to keep buying interest cautious.
Against this backdrop, a sustained regulatory focus on sustainability and renewable energy continues to drive fundamentals, with participants closely monitoring policy changes that will impact future supply-demand balances and price stability. Overall, the quarter reflected a challenging corrective phase for PFAD against complex economic and geopolitical influences.
Malaysia: Palm Distillate (Palm Fatty Acid Distillate) Export prices from Malaysia.
In Q2 2025, PFAD prices in Malaysia declined drastically by 10.71%, trading within a range of USD 851 to 1,040 per metric ton. By June alone, there was a 2.48% monthly decrease due to weaker biodiesel demand, amid relaxations in renewable fuel mandates and oversupplied markets, particularly because of increased Indonesian production.
This further depressed the prices because oleochemical industries, influenced by economic slowdowns and inflationary pressures, delayed purchases. Supply cuts by Malaysian producers were inadequate to balance the prevailing oversupply situation in the world.
Market participants remained bearish, with reduced buying activity due to increasingly competitive pressures from other raw material options. Stakeholders watched the regulatory and trade policies closely, which had a great impact on the supply-demand dynamics.
This quarter really marked a challenging phase; it revealed how external economic and geopolitical changes can make PFAD prices really vulnerable.
Indonesia: Palm Distillate (Palm Fatty Acid Distillate) Import prices of Indonesia from Malaysia.
In Q2 2025, PFAD prices in Indonesia fell 3.50%, within the range of USD 909 to 1,065 per metric ton, held up by a 4.60% drop in June. The price trend this quarter in Indonesia reflected oversupply pressures and weakening Biodiesel demand amid economic uncertainties.
Oleochemical procurement slowed as market participants delicately balanced inventory with cautious outlooks in view of macroeconomic challenges and shifting policy frameworks.
This quarter underlined how Indonesia’s PFAD pricing has been sensitive to external economic and regulatory forces, marking a corrective phase in the domestic market while also highlighting the impact of global commodity fluctuations and trade policy adjustments on local prices.
Industry players remained cautious, adapting to volatile demand conditions and strategic supply management to navigate the uncertain market environment.
Netherlands: Palm Distillate (Palm Fatty Acid Distillate) Import prices of Netherlands from Malaysia.
In Q2 2025, PFAD price in Netherlands was down sharply by 10.77%, ranging between USD 953 to 1,150 per metric ton, including a 1.11% decline in the last month of June. This downside resulted from continued oversupply out of Malaysia and Indonesia, a sharp decrease in freight charges driven by decreased shipping demand and optimized port operations, together with lower biodiesel mandates and soft oleochemical demand due to broader economic headwinds.
Buyers maintained caution as they attempted to operate within a volatile environment and focused on cost containment and inventory rationalization. Freight conditions provided minor cost relief but were not enough to outweigh bearish market pressures. This quarter underlined a sharp downward correction in the PFAD market price trend shaped by changes in global supply and evolving regulatory frameworks.
China: Palm Distillate (Palm Fatty Acid Distillate) Import prices of China from Malaysia.
In Q2 2025, PFAD price in China was quite steep, with the price corrected by 10.64% over the quarter, ranging from USD 867 to 1,055 per metric ton. In June, the price continued to decline, down by 2.53%. Freight charges remained stable with balanced supply and demand dynamics maintaining consistent pricing without significant fluctuations.
The primary driver behind this correction has been oversupply concerns due to the strong Biodiesel production from Malaysia and Indonesia, while demand from China’s oleochemical sector softens in view of economic uncertainties and cautious buying.
Although the logistic and shipping conditions remain stable, global economic headwinds and policy uncertainties depressed prices. The buyers turned to conservative purchase strategies that epitomized the cautious market sentiment that defined the price trend in China during this corrective phase.
South Korea: Palm Distillate (Palm Fatty Acid Distillate) Import prices of Indonesia South Korea Malaysia.
In Q2 2025, PFAD price in South Korea eased by 3.58%, while the price range was between USD 932 to 1,090 per metric ton, 4.49% down from last month. freight charges slightly decreased reflecting more balanced freight capacity and steady fuel prices, helping moderate overall shipping costs.
Market weakness was due to weakening Biodiesel demand, supply overhang, and cautious consumption in the oleochemical sector because of macroeconomic and trade uncertainties. The supply chains were operational but under cost pressure.
Buyers were moderately buying while focusing on inventory management. This quarter marked a cautious correction in the price trend, induced by external demand shocks and shifting regulatory signals, highlighting the sensitive interplay of supply and demand shaping the PFAD market in South Korea.
India: Palm Distillate (Palm Fatty Acid Distillate) Import prices of India from Malaysia.
In Q2 2025, the PFAD prices in India saw a notable correction, with prices moving down 11.79%, ranging from USD 937 to 1,090 per metric ton. During the last month, the market reflected a drop of 0.86%, which marked an accentuation of the correction phase driven by oversupply apprehension and subdued demand from the Biodiesel and oleochemical sectors due to macroeconomic uncertainties.
Buyers turned cautious, prioritizing inventory reduction and cost management in response to the persistent global volatility. Although the logistic performance was steady, the general sentiment was marked by increased caution, as buyers expected further corrections upwards.
The price trend reflected that this quarter the Indian market is getting increasingly vulnerable to external disruptions in demand and the influence of macroeconomic factors, therefore marking a period of recalibration for the industry participants.
In Q3 2025, The PFAD market saw moderate price fluctuations within a general range of about 3-6%. Palm Distillate price trends rebounded in several key export destinations like Europe, Southeast Asia, China, and India, driven by restored Biodiesel production from increased oleochemical demand.
Malaysian and Indonesian producers optimized their supply strategies to balance sustainability requirements with production targets amid ongoing global commitments toward renewable energy.
However, markets like South Korea faced declines in Palm Distillate prices due to softened demand and high freight charges, thus showing regional variability. Across the board, freight costs increased, influenced by vessel shortages and fuel prices, thus placing upward pressures on offered costs and affecting competitiveness.
Market participants remained watchful about the fluctuations in currency, geopolitical risks, and uncertainties associated with trade policy, ongoing factors that influence stability in the market and price directions. Overall, the quarter underlined PFAD’s key role as a renewable feedstock facing promising demand due to evolving environmental policy and supply chain challenges.
Malaysia: Palm Distillate (Palm Fatty Acid Distillate) Export prices from Malaysia.
In Q3 2025, Palm Distillate (PFAD) price trend in Malaysia rebounded by 3.79%, ranging between USD 884-1,040 per metric ton. A sharp increase of 8.67% in September was due to the resurgence of biodiesel production after maintenance shutdowns and growth in demand for oleochemicals.
Export markets in Europe and Southeast Asia revived following policy reinforcements towards renewable energy sources. Malaysian producers made optimum supply strategies, balancing sustainability requirements and production targets.
With sustainability standards and biofuel mandates across the globe remaining central to energy policies, market confidence increased. Participants nonetheless remained watchful regarding currency fluctuations, geopolitical instability, and ongoing negotiations on trade that might impact future flows.
This quarter underlined the emerging importance of Palm Distillate (PFAD) as a feedstock for renewables, with promising demand trajectories across emerging global environmental commitments.
Indonesia: Palm Distillate (Palm Fatty Acid Distillate) Import prices of Indonesia from Malaysia.
In Q3 2025, Palm Distillate (PFAD) price trend in Indonesia further dropped by 6.10%, ranging between USD 854 to 958 per metric ton, offset by a 6.78% monthly price rebound in September to signal a tentative market bounce back.
Price performance in Indonesia reflected cautious optimism, with Biodiesel plants resuming operations and increased oleochemical consumption on seasonal adjustment.
Freight and logistics costs went up moderately to add to the cost pressures offered but were matched with increased interest from buyers. Producers focused on sustainability certifications and efficiency in supply chains to retain export competitiveness.
The current quarter reflects market resilience amid ongoing cost and demand volatility, underscoring a complex landscape for Indonesia’s Palm Distillate (PFAD) price trend and trade dynamics.
Netherlands: Palm Distillate (Palm Fatty Acid Distillate) Import prices of Netherlands from Malaysia.
IN Q3 2025, Palm Distillate (PFAD) price trends in the Netherlands reversed with a price increase of 4.65%, with PFAD ranging between USD 1,035 and 1,130 per metric ton and recording a significant 4.93% monthly rise. Freight charges sharply increased again due to seasonal demand spikes and renewed fuel price volatility impacting shipping costs. This rebound was driven by renewed demand from Biodiesel producers and oleochemical industries, as European environmental policies were reinforced to promote renewable feedstock usage.
Malaysian exporters improved supply chain practices to match the exacting standards while buyers also moved forward with procurement in the face of rising freight costs. Resilience and optimism thus mark this quarter in the market for Netherlands Palm Distillate (PFAD), reflecting an encouraging trend in price despite the ongoing challenges of high logistics costs and policy-driven demand fluctuations.
China: Palm Distillate (Palm Fatty Acid Distillate) Import prices of China from Malaysia.
In Q3 2025, the Palm Distillate (PFAD) price trends in China witnessed a gradual recovery, with prices rising by 3.87% to a range between USD 901 and 1,059 per metric ton. September saw a notable 8.61% surge in prices, signaling renewed market confidence. This quarter saw a slight increase in freight charges, impacted by seasonal demand spikes and renewed volatility in fuel markets, leading to moderate cost rises.
This recovery was fueled by rebounding demand from Biodiesel producers and oleochemical manufacturers responding to reinforced environmental regulations and supportive policies in China. Improvements in logistics and supply chain reliability further supported price gains.
Buyers resumed inventory replenishment to position themselves for expected continued demand growth. The Palm Distillate (PFAD) price trend in China during this quarter indicated a market adapting effectively to changing dynamics, with cautious optimism for sustained recovery and stability ahead.
South Korea: Palm Distillate (Palm Fatty Acid Distillate) Import prices of Indonesia South Korea Malaysia.
In Q3 2025, Palm Distillate (PFAD) price trends in South Korea declined further by 5.86%, pricing between USD 879 and 983 per metric ton. Despite the quarterly decline, September observed an encouraging 6.45% increase, suggesting a tentative recovery. Freight charges rose slightly again as seasonal trading activity increased and fuel market volatility influenced higher shipping expenses. Renewed activity in Biodiesel refineries and oleochemical sectors helped to stabilize demand.
However, supply side resilience amid ongoing logistical and cost challenges continued to weigh on pricing. Market participants cautiously replenished inventories anticipating policy support and seasonal demand upswings. The Palm Distillate (PFAD) price trend in South Korea during this quarter was characterized by volatility and gradual adaptation to an evolving market and regulatory terrain, pointing toward cautiously optimistic prospects.
India: Palm Distillate (Palm Fatty Acid Distillate) Import prices of India from Malaysia.
According to Price-Watch, In Q3 2025, the Palm Distillate (PFAD) price trend in India was up, gaining 3.11%, in the range of USD 972-1,055 per metric ton. In September, it saw a good 2.20% increase, reflecting the slow but sure recovery of demand in the sector. This was occasioned by revitalized policies supporting renewable energy and an increase in oleochemical industry activity on account of stable raw material supplies and improved logistics.
With this, market participants were actively restocking inventories, preparing continued policy support and industrial consumption. As this quarter of the year showed in India, Palm Distillate (PFAD) price trend reflected an improved market outlook, with increasing confidence in long-term demand driven by government mandates, increased environmental awareness, and improving technology in biofuel production.
In Q4 2025, the worldwide Palm Distillate market demonstrated upward price momentum generally ranging 3-6% across most regions, led by firm Malaysian and Indonesian supply dynamics alongside recovering industrial demand in oleochemicals and biofuels.
China and Malaysia registered the strongest gains, while India marked a mild exception with softening. Freight rates showed mixed patterns slight increases in key Asian routes alongside sharp decreases in Europe exerting variable pressure on importers’ offered prices.
Nevertheless, net prices advanced overall due to steady distillate output normalization, competitive positioning against alternatives like tall oil, and buyers’ strategic restocking amid seasonal upticks. Netherlands benefited notably from freight relief supporting Rotterdam flows.
Origin markets like Indonesia and Malaysia anchored global benchmarks through efficient FOB structures unaffected by logistics, with exporters balancing robust export inquiries against domestic consumption. Importers adapted via optimized sourcing, reconciling end-use needs with supply chain steadiness.
Malaysia: Palm Distillate Export prices FOB Port Kelang, Malaysia, Grade- Palm Fatty Acid Distillate (PFAD)
In Q4 2025, Palm Distillate prices in Malaysia ranged 980-1040 USD and showed an upward price trend. The 6.25% gain for Palm Fatty Acid Distillate (PFAD) FOB Port Kelang arose from robust palm oil processing volumes and sustained global inquiries for oleochemical applications The Palm Distillate price trend in Malaysia underscores primary supply strength.
Refineries maintained steady throughput as traders negotiated spot and term volumes effectively. In December 2025, Palm Distillate prices in Malaysia increased by 0.07%, driven by end-quarter restocking, ample yet disciplined inventories, and Port Kelang competitiveness closing firmly. Forward outlook leans positive on export flows.
Indonesia: Palm Distillate Export prices FOB Jakarta, Indonesia, Grade- Palm Fatty Acid Distillate (PFAD)
In Q4 2025, Palm Distillate prices in Indonesia ranged 915-957 USD and showed an upward price trend. The 3.40% rise for Palm Fatty Acid Distillate (PFAD) FOB Jakarta stemmed from balanced domestic refining output and growing export interest to Asian and European buyers despite alternative feedstocks.
The Palm Distillate price trend in Indonesia highlights production discipline anchoring regional trades. Local producers optimized running while exporters competed reliably on quality.
In December 2025, Palm Distillate prices in Indonesia increased by 0.54%, shaped by position building, controlled stocks, and steady Jakarta flows amid favorable palm oil fundamentals. Q1 transition appears supported by demand outlook.
Netherlands: Palm Distillate Import prices CIF Rotterdam from Malaysia, Netherlands, Grade- Palm Fatty Acid Distillate (PFAD)
In Q4 2025, Palm Distillate prices in the Netherlands ranged 1095-1135 USD and showed an upward price trend. The 3.75% advance for Palm Fatty Acid Distillate (PFAD) CIF Rotterdam (Malaysia) followed sharp freight decreases that enhanced offered price competitiveness for EU industrial users in soaps and lubricants.
The Palm Distillate price trend in Netherlands conveys logistics-aided recovery. Importers ramped procurement while hubs processed arrivals smoothly. In December 2025, Palm Distillate prices in Netherlands increased by 0.90%, influenced by freight tailwinds, strategic buying, and Rotterdam resilience amid recovering regional demand. Q1 positioning strengthened notably.
China: Palm Distillate Import prices CIF Shanghai from Malaysia, China, Grade-Palm Fatty Acid Distillate (PFAD)
In Q4 2025, Palm Distillate prices in China ranged 1000-1060 USD and showed an upward price trend. The 6.38% increase for Palm Fatty Acid Distillate (PFAD) CIF Shanghai (Malaysia) reflected recovering downstream demand in soaps and detergents alongside controlled Malaysian palm oil refinery margins.
Freight charges saw a slight increase, modestly elevating offered prices. The Palm Distillate price trend in China indicates renewed importer confidence amid seasonal restocking. Processors accelerated purchases while traders secured forward deals proactively.
In December 2025, Palm Distillate prices in China increased by 0.12%, influenced by quality tightness, biofuel policy spillovers, and Shanghai premiums as buyers locked year-end volumes strategically. Tightened availability from origin supported momentum. Market participants anticipate sustained firmness into Q1 2026 on steady consumption cues.
South Korea: Palm Distillate Import prices CIF Busan from Indonesia, South Korea, Grade-Palm Fatty Acid Distillate (PFAD)
In Q4 2025, Palm Distillate prices in South Korea ranged 940-982 USD and showed an upward price trend. The 3.47% rise for Palm Fatty Acid Distillate (PFAD) CIF Busan (Indonesia) reflected stable electronics-adjacent oleochemical needs and reliable Indonesian shipments despite slight freight increases.
The Palm Distillate price trend in South Korea signals import steadiness. Processors paced restocking judiciously from key origins. In December 2025, Palm Distillate prices in South Korea increased by 0.56%, via consistent arrivals, moderate sentiment uplift, and Busan equilibrium supporting close. Firm tone persists.
India: Palm Distillate Import Prices Ex-Ahmedabad, India, Grade- Palm Fatty Acid Distillate (PFAD)
In Q4 2025, Palm Distillate prices in India ranged 965-1030 USD and showed a downward price trend. The 0.56% softening for Palm Fatty Acid Distillate (PFAD) Ex-Ahmedabad highlighted ample local availability and cautious industrial buying in textiles and soaps amid competing imports.
Freight charges are not applicable on the ex-works basis. The Palm Distillate price trend in India indicates mild correction phase. Traders adjusted offers competitively while end-users negotiated volumes.
In December 2025, Palm Distillate prices in India decreased by -2.25%, from year-end caution, inventory builds, and Ahmedabad value pressures. Selective recovery cues emerging cautiously.
