Subscribe Now
Book a Demo
Pricing History
Methodology
Specifications
Glossary

Palm Oil Price Trend and Forecast

UNSPC code: 50151513
|
⟳ Weekly Update
|
Historical Data Since 2015
|
Forecast for 2026

palm oil Price Trends by Country

cnChina
usUnited States
inIndia
aeUnited Arab Emirates
jpJapan
myMalaysia

palm oil Pricing Trends in India: 

  • Northern India palm oil market price trend
  • Southern India palm oil market price trend
  • Central India palm oil market price trend

Global palm oil Spot Market Prices, Trend Analysis and Forecast

Palm Oil Price Trend Q3 2025

During Q3 2025, the international Palm Oil market witnessed sustained price rises of 5-8% in major regions, indicating a balance between supply constraints and robust demand. In producing nations such as Malaysia, seasonal declines in production and export policy changes tightened supplies, sustaining firm prices.

Major import market destinations like the USA, China, Japan, United Arab Emirates, and India each experienced significant price increases fueled by factors like Biofuel demand, import competition, and pre-holiday stockpiling buying. Shipping costs tended to be steadily or modestly higher in most areas, contributing to moderate upward pressure.

Despite some supply issues and economic volatility, overall demand was firm, particularly for Food and Biodiesel applications. This tentative increase in price indicates a market adapting to changing production circumstances and ongoing international consumption, with projections for ongoing modest increases in the next quarter.

Malaysia

Palm Oil Export prices FOB Port Kelang, Malaysia, Grade Crude Palm Oil.

In Q3 2025, Palm Oil prices in Malaysia registered a 5.73% increase over the prior quarter. Crude Palm Oil prices averaged between USD 950-1065 per metric ton. The uptick on the price trend in Malaysia was prompted by seasonally declining production and firmer export demand, which cut local supplies. Export policy changes further cut back volumes, underpinning firm prices.

Domestic weather interruptions in key plantation belts further clipped near-term supplies. Furthermore, the decline in the value of the Malaysian ringgit further increased the appeal of Palm Oil to international consumers, driving export demand higher.

In September 2025, prices rose by 0.87%, with buying interest expected to stay muted in the near term. Despite some geopolitical tariff issues, Malaysia’s industry concentrated on market diversification and sustainable production to remain competitive.

USA

Palm Oil Import prices CIF Houston, Malaysia, Grade Crude Palm Oil.

According to PriceWatch, in Q3 2025, Palm Oil prices in the USA recorded a steep growth of 6.09% from the last quarter. Prices of Crude Palm Oil Prices floated around USD 1130-1195 per metric ton. Freight charges increased notably, adding upward pressure to the overall price trend in the USA. It was then fueled by robust Biofuel demand and constricting global vegetable oil supplies. Competitive importers bidding for short Malaysian cargoes supported firmer prices.

Sellers adopted conservative price policies under tight supply conditions. In September 2025, prices rose sharply by 1.78%, with market sentiment remaining cautious in the near term. The USA continued to be one of the largest importers of Palm Oil from Malaysia, supporting its position in international price trends. Optimism in the market was balanced by uncertainties regarding geopolitical trade policy and domestic economic considerations.

China

Palm Oil Import prices CIF Shanghai, Malaysia, Grade Crude Palm Oil.

According to PriceWatch, in Q3 2025, Palm Oil price trend in China rose by 5.74% quarter-on-quarter. Malaysian Crude Palm Oil prices were between USD 973-1080 per metric ton. Small freight charge hikes and logistic tightening contributed to positive price trend in China. The upward price was boosted by firm Malaysian export volumes, even as local demand softened. Malaysian supply restrictions imposed a strong market tone, while tentative buying contained sharper price increases.

In September 2025, prices rose by 1.09%, with overall market sentiment likely to remain guarded in the near term. China remained an important regional market, balancing the needs of demand with supply constraints. Policy initiatives and future fiscal stimulus packages were seen to be supporting demand in the months ahead.

Japan

Palm Oil Import prices CIF Tokyo, Malaysia, Grade Crude Palm Oil.

In Q3 2025, Palm Oil price trend in Japan recorded a solid 6.19% increase from the previous quarter. The prices offered for Crude Palm Oil were between USD 1005-1110 per metric ton. Firm Malaysian benchmark prices and stable freight rates underpinned this rise. Export volumes were restricted, though firm importer demand ensured strong positive price trend in Japan. In September 2025, prices increased by 0.95%, with pricing stability expected to remain fragile soon.

Japan’s increasing demand for sustainably produced Palm Oil introduced complexity into price dynamics. In spite of positive price movement, market players observed that price stability was still weak on account of uncertainties in the global economy and volatile trade patterns. This guarded optimism characterized the Japanese market mood in the quarter.

United Arab Emirates

Palm Oil Import prices CIF Sharjah, Malaysia, Grade Crude Palm Oil.

In Q3 2025, Palm Oil price trend in the United Arab Emirates increased moderately by 5.99%. Crude Palm Oil prices were between USD 1060-1170 per metric ton. Freight charges stabilized, and cautious seller actions checked against more aggressive price trends in the UAE. The growth was underpinned by well-balanced supply and demand fundamentals. In September 2025, prices declined slightly by 0.76%, with buying interest likely to remain limited in the near term.

The UAE remained dependent on Malaysian Palm Oil imports, which maintained steady trade volumes. But the modest price adjustment relative to the previous quarter indicated a cautious buying attitude. Market players were observing global supply dynamics and regional demand shifts underpinning price directions in the Gulf closely.

India

Palm Oil Import prices CIF Nhava Sheva, Malaysia, Grade Crude Palm Oil.

In Q3 2025, Palm Oil price trend in India witnessed the quarterly rise of 8.50%. Crude Palm Oil prices were in the range of USD 991-1120 per metric ton. Increased freight rates contributed to the upward pressure on the price trend in India. The steep upsurge was led by the Malaysian supply being tight and Palm Oil becoming more expensive vis-a-vis alternative oils due to firm global demand.

Government policies reducing import duties added to the heightened import volumes in spite of the tight supply. In September 2025, prices rose by 1.27%, with market conditions expected to remain firm soon. India’s festive season requirements and Biofuel blending obligations also fortified the bullish price climate. Purchasers struggled to procure adequate quantities, maintaining high prices throughout the quarter.

Palm Oil Price Trend Analysis: Q2 2025

In Q2 2025, crude palm oil (CPO) prices continued their corrective trend, averaging lower as the market adjusted from Q1 highs. Elevated Malaysian palm stocks kept a lid on gains, even as production forecasts were revised downward due to dry weather impacts. While biodiesel demand in the EU showed signs of recovery, Indian imports remained subdued amid high inventories, further limiting price strength.

Seasonal production concerns offered late-quarter support, with prices rebounding modestly in July, suggesting the establishment of a new trading band. Overall, mixed fundamentals created a cautious sentiment as the market balanced tightening supply expectations with weak regional buying. CPO prices averaged USD 939/MT FOB Port Kelang in Q2 2025.

Palm Oil Price Trend Analysis: Q1 2025

In Q1 2025, CPO prices declined sharply as weak demand failed to sustain Q4 momentum. Chinese buying remained softer than anticipated, while Indian imports slowed amid ample inventories. The correction accelerated in March when prices hit a three-month low, reflecting reduced confidence in consumption growth.

However, downside risks were partially offset by emerging production concerns in Malaysia and Indonesia as dry conditions began impacting yields. The quarter highlighted the ongoing tug-of-war between bearish demand signals and tightening supply projections, with volatility persisting within a narrow band. According to PriceWatch, CPO prices averaged USD 1,077/MT FOB Port Kelang in Q1 2025.

Palm Oil Price Trend Analysis: Q4 2024

Q4 2024 witnessed a sharp rebound in CPO prices as supply tightened, and demand strengthened. Malaysian palm stocks declined amid robust biodiesel blending mandates and heavy pre-holiday stockpiling in key importing nations. The rally peaked in mid-December before mild profit-taking emerged, but prices remained elevated relative to competing vegetable oils, enabling palm oil to regain market share in price-sensitive destinations.

Concerns over demand sustainability surfaced late in the quarter, yet tight fundamentals kept the market supported. This period marked the strongest quarterly performance since 2022, reinforcing palm oil’s competitiveness. According to PriceWatch, CPO prices averaged USD 1,124/MT FOB Port Kelang in Q4 2024.

Palm Oil Price Trend Analysis: Q3 2024

In Q3 2024, CPO prices recovered steadily from mid-year lows on the back of tightening supply and stronger pre-festive demand. El Niño-induced dry weather reduced yield expectations in Malaysia and Indonesia, while export activity to India and the Middle East surged ahead of seasonal festivals. EU biodiesel mandates added further buying momentum. Prices peaked in late September, reflecting tightening physical availability.

However, market participants remained cautious about demand elasticity above key resistance levels, signalling limited scope for further gains. The quarter emphasized supply risks as the primary price driver amid still-fragile demand. According to PriceWatch, CPO prices averaged USD 932/MT FOB Port Kelang in Q3 2024.

Palm Oil Price Trend Analysis: Q2 2024

Q2 2024 marked a modest recovery in CPO prices following Q1’s slump, driven by seasonal production factors and improving export demand. Indian and Chinese buying picked up marginally, supporting steady price gains through June. However, high inventory levels in Malaysia and abundant soybean oil supplies continued to restrict the pace of recovery.

Concerns about potential yield impacts from earlier dry spells began surfacing, but the market struggled to break out of its established trading range. Overall, the quarter highlighted palm oil’s continued sensitivity to competitive vegetable oil dynamics and export demand fluctuations. According to PriceWatch, CPO prices averaged USD 857/MT FOB Port Kelang in Q2 2024.

Palm Oil Price Trend Analysis: Q1 2024

2024 opened with CPO prices moving within a narrow range, reflecting balanced fundamentals and a lack of strong directional cues. Indian and Chinese demand remained subdued, while high global vegetable oil inventories exerted pressure on sentiment. Nonetheless, production concerns in Malaysia and firm crude oil prices offered limited support.

The quarter demonstrated a market searching for clear catalysts, oscillating between bearish demand trends and potential tightening of supply. This stability foreshadowed the more volatile moves that would unfold later in the year as weather and policy developments shaped fundamentals. According to PriceWatch, CPO prices averaged USD 828/MT FOB Port Kelang in Q1 2024.

India palm oil Spot Market Prices, Trend Analysis and Forecast

Palm Oil Price Trend Analysis: Q1 2025

Crude palm oil prices fell sharply in Q1 2025 as profit-taking and improved Malaysian production outlooks ended Q4’s rally. While Indian buyers opportunistically rebuilt inventories at lower levels, Indonesia’s fluctuating export policies created brief regional dislocations. The quarter highlighted palm oil’s growing sensitivity to renewable diesel mandates and broader energy price movements.

Despite mid-quarter weakness, technical support emerged from tightening Southeast Asian yields, limiting deeper corrections. Market participants closely monitored Chinese buying patterns, which remained subdued. Overall, Q1 underscored a delicate balance between easing supply concerns and moderate demand. According to PriceWatch, CPO prices averaged approximately USD 1,161/MT CIF Nhava Sheva in Q1 2025.

Palm Oil Price Trend Analysis: Q2 2025

In Q2 2025, crude palm oil prices softened as the market corrected from earlier highs. Volatility persisted amid competing forces tightening Malaysian stocks and strong Indian festive demand supported sentiment, while increased Indonesian exports and weaker soybean oil prices exerted downward pressure. Biofuel policy shifts in Southeast Asia further added to uncertainty, creating short-lived price swings.

Despite mid-quarter weakness, the market stabilized toward July, suggesting a potential floor as supply tightened ahead of the peak production season. By late June, renewed buying interest hinted at recovering demand momentum, although sentiment remained fragile. According to PriceWatch, CPO prices averaged around USD 1,040/MT CIF Nhava Sheva in Q2 2025.

Palm Oil Price Trend Analysis: Q1 2024

The Palm oil market opened 2024 with firm prices as post-harvest production lows supported early-year sentiment. Volatility was driven by uncertainty around Indonesia’s export policy, with prices oscillating in response to shifting government announcements. Indian imports remained surprisingly resilient despite elevated costs, though high port stocks occasionally created logistical bottlenecks.

This period established a new pricing floor above USD 850/MT, setting the stage for the historic rally seen later in the year. It also reflected palm oil’s increasing linkage with energy and biofuel price dynamics. CPO prices averaged close to USD 884/MT CIF Nhava Sheva in Q1 2024.

Palm Oil Price Trend Analysis: Q2 2024

Indian refiners faced negative processing margins at the quarter’s peak, reflecting the pressure of elevated feedstock costs on downstream operations. Q2 2024 extended the palm oil rally as Malaysian production lagged seasonal expectations while Indonesian export restrictions curbed global availability.

The market saw two distinct phases: a brief May correction on profit-taking, followed by a June surge as monsoon-related supply concerns intensified. Despite higher prices, demand from key Asian buyers persisted, underlining palm oil’s critical role in regional edible oil supply chains. CPO prices averaged about USD 974/MT CIF Nhava Sheva in Q2 2024.

Palm Oil Price Trend Analysis: Q3 2024

In Q3 2024, crude palm oil prices rose steadily as El Niño-induced dry weather reduced yield expectations in Malaysia and Indonesia. Inventory levels in Malaysia dropped to multi-year lows, reinforcing bullish sentiment. Indian import demand stayed resilient despite escalating prices, supported by favourable import duty structures.

The quarter also marked a key structural shift, with palm oil transitioning into a premium-priced vegetable oil rather than maintaining its traditional discount to soft oils like soybean oil. Physical availability tightened as seasonal demand accelerated ahead of key festivals. CPO prices averaged around USD 996/MT CIF Nhava Sheva in Q3 2024.

Palm Oil Price Trend Analysis: Q4 2024

Q4 2024 saw an exceptional rally in crude palm oil as supply fears overwhelmed the market. Severe Malaysian production shortfalls, Indonesia’s domestic market obligation policy, and panic buying by Indian refiners ahead of the festive season pushed prices past key psychological levels. The surge was amplified by speculative activity, creating extreme weekly swings before profit-taking emerged late in December.

The quarter reflected a “perfect storm” of tight supply and policy-driven volatility, cementing palm oil’s premium over competing vegetable oils. Market fundamentals remained fragile despite the late pullback. CPO prices averaged nearly USD 1,268/MT CIF Nhava Sheva in Q4 2024.

Global palm oil Supply Chain

Upstream
  • Crude Palm Oil
Downstream
  • Cooking Oils & Vegetable Oil Blends
  • Biodiesel & Renewable Energy Feedstock
  • Soap & Detergent Base Oils
  • Oleochemical Production (Fatty Acids, Glycerine, etc.)
Major supplying countries
  • Indonesia
  • Malayasia
  • Thailand
  • Guatemala
Major importing countries
  • India
  • European Union
  • China
  • USA

India palm oil Supply Chain

Upstream
  • Crude Palm Oil
Downstream
  • Cooking Oils & Vegetable Oil Blends
  • Biodiesel & Renewable Energy Feedstock
  • Soap & Detergent Base Oils
  • Oleochemical Production (Fatty Acids, Glycerine, etc.)
Major supplying countries
  • Indonesia
  • Malayasia
  • Thailand
  • Guatemala
Major importing countries
  • India
  • European Union
  • China
  • USA

Technical Specifications of Palm Oil Price Trends

Product Description

Palm oil is a multi-purpose and extensively used vegetable oil extracted from the fruit of the palm oil tree (Elaeis guineensis), and it serves a vital function in the world’s food, personal care, industry, and energy markets. It is renowned for having a semi-solid appearance at ambient temperature, bland flavor, and excellent oxidative stability. Depending on its purification level and application, the Palm oil is treated to different grades. One of its main grades is Crude Palm Oil (CPO), the Crude Oil drawn from the fleshy Palm fruit mesocarp.

The reddish-orange color of CPO is caused by the presence of high beta-carotene, and it contains free fatty acids, water, and impurities. It is the raw material for making Refined, Bleached, and Deodorized (RBD) Palm Oil, which in turn is fractionated into RBD Palm Olein (utilized for cooking oils) and RBD Palm Stearin (utilized in baking fats, Soaps, and industry). Due to Palm Oil’s relatively high hectare yield, extensive distribution, and varied uses, it is one of the economically important vegetable oils globally.

Identifiers and Classification:

  • CAS No: 8002-75-3
  • HS Code: 15111000 (or regionally under 1511 series for crude Palm Oil products)
  • Molecular Formula: Mainly composed of triglycerides of palmitic, oleic, linoleic, and stearic acids (C₅₅H₁₀₀O₆ typical)
  • Molecular Weight [g/mol]: 850–890 g/mol (approximate for common triglyceride mixtures)

Synonym:

  • Unrefined Palm Oil
  • Raw Palm Oil
  • CPO

Palm Oil Grades Specific Price Assessment:

  • Crude Palm Oil

Palm Oil Global Trade and Shipment Terms

*Quotation Terms (Product & Country Specific): 24-26 MT

**Packaging Type (Product & Country Specific): ISO Tank

Incoterms Referenced in Palm Oil Price Reporting

Shipping Term  Location  Definition 
FOB Port Kelang  Port Kelang, Malaysia  CPO Export price from Malaysia 
CIF Nhava Sheva (Malaysia)  Nhava Sheva, India  CPO Import price in India from Malaysia 
CIF Shanghai (Malaysia)  Shanghai, China  CPO Import price in China from Malaysia 
CIF Tokyo (Malaysia)  Tokyo, Japan  CPO Import price in Japan from Malaysia 
CIF Houston (Malaysia)  Houston, USA  CPO Import price in USA from Malaysia 
CIF Sharjah (Malaysia)  Sharjah, UAE  CPO Import price in UAE from Malaysia 

*Quotation Terms refers to the quantity range specified for the CPO being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for CPO packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Crude Palm Oil (CPO) Manufacturers

Manufacturer 
FGV Holdings Berhad (Felda Global Ventures) 
IOI Corporation Berhad 
Kuala Lumpur Kepong Berhad (KLK) 
TSH Resources Berhad 
Kulim (Malaysia) Berhad 
United Plantations Berhad 
TH Plantations Berhad 

Palm Oil Industrial Applications

In oleochemical and soap manufacturing, Palm oil is refined and split into fatty acids and glycerine, serving as a base for detergents, surfactants, candles, and personal care products. After refining (to produce RBD Palm Oil), it becomes suitable for edible oil formulations and blending. Palm oil also plays a significant role in biofuel production, particularly biodiesel, in both producing and importing countries due to its relatively high yield and cost-efficiency. Its economic importance is further amplified in developing regions, where it is a staple for food security and industrial feedstock.

Historically, several events have caused significant fluctuations in Palm Oil prices

Climate and Farming Impact – (2024) 

Unpredictable weather patterns—including prolonged dry periods in Indonesia and excessive rains in Malaysia—negatively affected palm fruit yields and oil extraction rates. This coincided with rising global demand for edible oils and stronger biodiesel mandates in producing nations. Meanwhile, increasing enforcement of sustainability certifications and deforestation-free supply chain regulations in the EU and North America introduced new compliance costs, tightening export margins and further influencing price dynamics.

Feedstock & Logistic Disruptions – (2023) 

Southeast Asia faced heavy rainfall and flooding, which hindered harvesting activities and transportation. Logistics challenges such as freight rate spikes, container shortages, and port delays intensified the disruption. Export restrictions and fluctuating stock levels in key destinations led to intermittent supply gaps and contributed to volatile price behaviour in the international Palm oil market.

Russia-Ukraine War – (2022) 

The war significantly disrupted the global sunflower and canola oil supply chains, prompting a global shift toward alternative oils like palm oil. As one of the most accessible and affordable options, Palm oil experienced a sharp rise in demand, especially in the food processing and refining sectors. Simultaneously, rising fertilizer, energy, and freight costs inflated upstream production expenses, driving Palm oil prices to multi-year highs.

Post-COVID Demand Recovery – (2021) 

As global economies began to reopen, demand for crude palm oil rebounded, particularly in India, China, and Africa, where palm oil is a staple in edible oil consumption. However, the production recovery lagged due to persistent labour shortages and pandemic-era restrictions, leading to tight supplies and escalating prices. Increased interest in biodiesel blending mandates in Southeast Asia also added upward pressure on Palm oil prices.

The COVID-19 Pandemic – (2020) 

Global lockdowns severely disrupted the palm oil supply chain, from plantation labour availability to milling and export operations. In major producing countries like Indonesia and Malaysia, labour shortages, transport restrictions, and port closures caused harvest backlogs and lower processing volumes. Simultaneously, reduced demand from food service, hospitality, and biofuel sectors led to rising inventories and significant price volatility in the global vegetable oil market.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global palm oil price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the palm oil market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence palm oil prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely palm oil market data.

Track PriceWatch's palm oil price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This guarantees that our evaluations accurately represent the latest market trends and conditions.
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major palm oil production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
  • Supply Chain Monitoring: We track the entire palm oil supply chain, from production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact palm oil prices. Given the global nature of palm oil production and its heavy reliance on specific regions, any political instability, sanctions, or trade barriers can disrupt supply chains. These disruptions can lead to immediate price fluctuations and long-term shifts in market dynamics, affecting everything from production costs to the availability of palm oil in international markets.
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as floods or droughts, on palm oil plantations and production facilities, particularly in vulnerable regions like Southeast Asia. These events are factored into our price forecasts and supply outlooks, given the significant role they play in palm oil production.
    Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., food processing, cosmetics, biofuels), to predict shifts in palm oil demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global palm oil production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.
  • Future Capacity Projections: Our research includes detailed forecasts of the upcoming palm oil production areas; this helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, cooking oil, processed foods, personal care products, and household cleaners. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global palm oil pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast palm oil prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable palm oil pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Palm Oil Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for palm oil. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The pricing of palm oil is influenced by several key factors, including global demand and supply dynamics, production costs, and weather conditions. Fluctuations in crude oil prices also play a role, as palm oil is often used as a biofuel. Additionally, trade policies, tariffs, and the economic situation in major producing countries like Indonesia and Malaysia can significantly impact palm oil prices. Understanding these factors is essential for procurement heads to make informed purchasing decisions.

Procurement heads can forecast palm oil price trends by analyzing historical price data, monitoring global supply and demand, and considering external market influences such as currency fluctuations and geopolitical events. Engaging with industry reports, subscribing to market analysis services, and leveraging insights from agricultural experts can also aid in creating accurate forecasts. This proactive approach allows for better planning and budgeting in procurement strategies.

Sustainability certifications, such as RSPO (Roundtable on Sustainable Palm Oil), can affect palm oil pricing. Certified sustainable palm oil may command a premium price due to the growing demand for environmentally friendly products. For procurement heads, understanding the implications of these certifications is crucial, as they align with corporate sustainability goals and consumer preferences. While the initial costs may be higher, sourcing certified palm oil can enhance brand reputation and open new market opportunities.

Access Real-Time Palm Oil Price Trends