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Palm Olein Price Trend and Forecast

⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

palm olein Price Trends by Country

cnChina
usUnited States
inIndia
aeUnited Arab Emirates
jpJapan
myMalaysia

Global palm olein Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Palm Olein price assessment:

  • Grade: Crude Palm Oil FOB Port Kelang, Malaysia
  • Grade: Crude Palm Oil CIF Houston (Malaysia), USA
  • Grade: Crude Palm Oil CIF Shanghai (Malaysia), China
  • Grade: Crude Palm Oil CIF Tokyo (Malaysia), Japan
  • Grade: Crude Palm Oil CIF Sharjah (Malaysia), United Arab Emirates
  • Grade: Crude Palm Oil CIF Nhava Sheva (Malaysia), India

Palm Olein Price Trend Q3 2025

In Q3 2025, the Palm Olein market globally witnessed robust price increases of 6–9% in major regions due to persistent supply tightness and solid demand. In Malaysia, lower production and export limitations maintained high prices, solidifying its benchmark position. Major importers such as the USA, China, Japan, UAE, and India witnessed significant price rises primarily owing to increased Food industry requirements, Biofuel application, and pre-holiday stockpiling.

Shipping prices stayed flat to slightly up, putting moderate added pressure. Despite financial and weather pressures, food and Biodiesel demand for Palm Olein remained strong, and sentiment favored forecasts of additional slight Palm Olein price trend hikes in the next quarter.

Malaysia

Palm Olein Export prices FOB Port Kelang, Malaysia, Grade- RBD Palm Olein.

In Q3 2025, RBD Palm Olein prices in Malaysia posted a 6.47% increase from the earlier quarter as prices were between 1025–1115 USD per metric ton. The growth came because of seasonally low domestic output and strong export demand, which depleted local stocks and raised Palm Olein price trend in Malaysia. Export policy adjustments were the foundation behind the tight supply scenario, while weather-related disruption further cut output.

In September 2025, Palm Olein prices rose by 2.04%, with pricing stability expected to remain fragile soon. The weakening Malaysian ringgit continued to render Palm Olein more competitive for overseas buyers. Through market diversification and sustainability, Malaysia maintained its position as the world benchmark for RBD Palm Olein, even amid continued competition and supply-side pressure.

USA

Palm Olein Import prices CIF Houston, Malaysia, Grade- RBD Palm Olein.

In Q3 2025, RBD Palm Olein prices in the USA showed a strong 6.99% increase over Q2 at 1160–1255 USD per metric ton. Palm Olein price trend in the USA was driven by steep freight hikes, the heavy demand from the US Biofuel market, and diminishing global inventories of vegetable oils. US purchasers had to fiercely compete for Malaysian deliveries as suppliers had fixed pricing strategies in the face of tight supplies.

In September 2025, Palm Olein prices increased by 2.80%, with buying interest likely to remain limited in the near term. Although the USA remained an important Palm Olein importer, shifting trade talks and macroeconomic volatilities necessitated flexible sourcing strategies and proactive market risk management.

China

Palm Olein Import prices CIF Shanghai, Malaysia, Grade- RBD Palm Olein.

During Q3 2025, RBD Palm Olein prices in China recorded a 6.37% quarterly growth, with prices between 1040–1130 USD per metric ton. An increase in freight prices by a small margin was also responsible for the offered Palm Olein price trend in China, buoyed by robust demand from China’s Food and processing sectors. Importing behavior was influenced by competition from other edible oils as well as conservative inventory management.

In September 2025, Palm Olein prices rose by 3.05%, with overall market sentiment likely to remain guarded in the near term. Malaysian RBD Palm Olein remained to be in demand based on its stability, quality, and flexibility to adjust to shifting logistic needs, with Chinese buyers remaining active in procurement despite the dynamic changes in supply chains.

Japan

Palm Olein Import prices CIF Tokyo, Malaysia, Grade- RBD Palm Olein.

In Q3 2025, RBD Palm Olein prices in Japan grew 6.67% from Q2, with Prices ranging from 1070–1165 USD per metric ton. The market was hit by steep rises in freight rates, making costs heavier amid worldwide supply pressures and steeper alternative Palm Olein price trend in Japan. Japanese firms retaliated with robust logistics strategies and smart supplier tactics, obtaining regular Malaysian supplies to ensure supply.

In September 2025, Palm Olein prices rose by 2.09%, with market conditions expected to stay firm soon. Stable pricing and reliability of RBD Palm Olein further consolidated Malaysia’s role as a favorite supplier to Japan’s edible oil market during the quarter.

United Arab Emirates

Palm Olein Import prices CIF Sharjah, Malaysia, Grade- RBD Palm Olein.

During Q3 2025, RBD Palm Olein prices in the United Arab Emirates experienced growth by 6.85% from Q2 levels, with prices between 1125–1220 USD per metric ton. Modest freight hikes added a further positive Palm Olein price trend in the UAE, but importers reacted through variegated procurement and stock management strategies to ensure flexibility and inflation.

In September 2025, Palm Olein prices increased slightly by 0.38%, with pricing stability expected to remain fragile in the near term. Malaysian RBD Palm Olein was kept as a preferred option with punctual delivery and consistent quality. Sharp procurement strategies and forward contracts ensured that UAE buyers were able to tackle moderate inflation and ensure market stability.

India

Palm Olein Import prices CIF Nhava Sheva, Malaysia, Grade- RBD Palm Olein.

According to Price-Watch, in Q3 2025, RBD Palm Olein prices in India saw the sharpest quarterly growth across key importing nations, with prices up 8.93% from the last quarter and cargoes valued between 1085–1170 USD per metric ton. The strong growth in the Palm Olein price trend in India was spurred by steeply escalating freight costs and high demand from the food industry, particularly in the hospitality and packaged foods segments.

Indian consumers applied adaptable sourcing and flexible procurement strategies to offset exchange rate and tariff volatility. In September 2025, Palm Olein prices rose by 2.39%, with buying interest likely to remain limited in the near term. Stable Malaysian supply contributed to India’s stable edible oil demand, giving it its crucial position amidst turbulent global price and availability dynamics.

Palm Olein Price Trend Analysis: Q2 2025

Palm Olein prices in Q2 2025 remained under pressure as weak demand and elevated stock levels weighed on the market. During the quarter Palm olein prices declined by 4.3%. The quarter saw prices bottom out in early June before a modest late-quarter recovery driven by seasonal restocking and renewed buying interest from key markets. Abundant soybean oil supplies and subdued import activity from India and China continued to cap upward momentum, while production discipline in Malaysia helped avoid steeper declines.

Mixed fundamentals left the market testing resistance levels toward the close of the quarter, balancing weak consumption against cautious supply management. According to PriceWatch, RBD Palm Olein ended the quarter at USD 1,024 per metric ton FOB Kelang.  

Palm Olein prices in Q2 2025 averaged lower as the prices declined by 12% on quarterly basis, particularly the monsoon-driven slowdown in India’s import demand, pressured the market. India’s swelling domestic oilseed stocks and competitive pricing from sunflower and soybean oils further dampened sentiment. However, late June brought mild support from Malaysian production constraints during Ramadan, alongside firmer crude palm oil (CPO) futures.

Despite some cautious optimism toward post-monsoon demand recovery, uncertainty lingered over India’s rising self-sufficiency in oilseeds and shifting import dynamics. According to PriceWatch, RBD Palm Olein closed the quarter at USD 1,051 per metric ton CIF Nhava Sheva. 

Palm Olein pricing in Q1 2025 extended its downtrend as prices declined by 13.4% high inventories in Malaysia and Indonesia combined with muted buying ahead of Ramadan. Despite this, the market showed relative stability within a narrow trading band, indicating weak but balanced conditions. The quarter reflected intense price competition with soft oils like soybean and sunflower oil, as abundant global vegetable oil supplies suppressed any meaningful recovery.

Buyer sentiment remained cautious, focusing on short-term needs rather than forward purchases. This period highlighted the broader structural weakness in demand despite manageable supply. RBD Palm Olein closed the quarter at USD 1,103 per metric ton FOB Kelang. 

Palm Olein prices in Q1 2025 saw a notable correction as India Palm olein prices reduced by 9.7% the tariff differential, making soft oils more competitive. Domestic oilseed output rose, swelling stocks and discouraging imports. Indian buyers adopted a cautious, wait-and-see approach, amplifying downward momentum.

Meanwhile, Malaysia’s coordinated production cuts aimed to stabilize prices, while Indonesia’s expanding biodiesel program redirected more palm oil away from food uses, tightening supply in certain segments. Volatility persisted, driven by complex trade flows and uncertain policy signals. RBD Palm Olein ended the quarter at USD 1,198 per metric ton CIF Nhava Sheva. 

Palm Olein Price Trend Analysis: Q4 2024

Palm Olein prices in Q4 2024 experienced sharp volatility as prices rose sharply by more than 20%, initially supported by Malaysian production concerns and pre-winter stocking from major importers. However, the rally lost steam in December as anticipated demand failed to materialize and profit-taking dominated trading. Shifting inventory reports and evolving biodiesel policy expectations in importing markets further destabilized sentiment.

The quarter’s trajectory demonstrated how quickly sentiment can reverse when macro and seasonal factors diverge. What began as a bullish quarter ended on a weaker note, underscoring the market’s vulnerability to sentiment-driven corrections. RBD Palm Olein concluded the quarter at USD 1,181 per metric ton FOB Kelang. 

Palm Olein prices in Q4 2024 surged by more than 20% on quarterly basis in the last quarter as supply constraints collided with robust seasonal demand. Malaysian stocks hit multi-month lows, Indonesia advanced its B35 biodiesel mandate, and production dipped seasonally. Indian festival buying further strained availability, driving intense competition among refiners.

Volatility was pronounced, with prices swinging sharply on changing export policies and currency fluctuations. Toward December, the market stabilized as post-festival demand eased and delayed shipments offered some supply relief. RBD Palm Olein finished the quarter at USD 1,327 per metric ton CIF Nhava Sheva. 

Palm Olein witnessed its strongest quarterly performance since 2022 in Q3 2024, with prices surging by 13.6% on production shortfalls in Malaysia and Indonesia. Robust demand from India ahead of festival seasons further fuelled the rally, pushing the market above key psychological thresholds. Tight stocks and firm crude palm oil futures amplified upward momentum, reinforcing palm olein’s pricing power relative to competing vegetable oils.

However, concerns emerged over demand sustainability as prices neared multi-year highs, highlighting the delicate balance between seasonal strength and affordability in key importing nations. RBD Palm Olein closed the quarter at USD 1,002 per metric ton FOB Kelang 

Palm Olein averaged higher by 8.3% in Q3 2024, supported by stronger crude palm oil futures, pre-Diwali stocking in India, and emerging production concerns in Malaysia. While early-quarter demand was soft, September brought renewed momentum as buyers replenished inventories. Competing pressures from India’s growing alternative oil stocks and competitive South American soybean oil offers limited the rally’s extent.

Energy market movements increasingly influenced biodiesel-linked palm demand, adding another layer of price sensitivity. Traders ended the quarter cautiously optimistic but wary of potential demand destruction if prices rose further. RBD Palm Olein closed the quarter at USD 1,078 per metric ton CIF Nhava Sheva. 

Palm Olein prices in Q2 2024 rebounded steadily, gaining by 9%, supported by improved export demand and production concerns across Southeast Asia. The market showed a clear transition from contango to backwardation, signalling tightening nearby supplies despite lingering uncertainty in global vegetable oil demand. Competitive pressure from soft oils capped the pace of gains, but sentiment remained cautiously optimistic as regional refiners and importers replenished inventories.

This quarter marked a turning point after the subdued spring market, restoring confidence in palm olein’s pricing resilience. RBD Palm Olein ended the quarter at USD 882 per metric ton FOB Kelang.  

Palm Olein prices in Q2 2024 moved steadily higher by 4.1% on quarterly basis, supported by improving crude oil prices that boosted biodiesel blending economics. Indonesia’s periodic export restrictions tightened availability, while India’s summer demand provided consistent import flows. However, the rally remained capped by India’s strategic buffer stock releases and large domestic oilseed inventories.

Russian sunflower oil’s growing competitiveness reshaped trade dynamics, while sustainability concerns started influencing procurement strategies, with rising inquiries for certified sustainable palm oil. RBD Palm Olein ended the quarter at USD 997 per metric ton CIF Nhava Sheva. 

Palm Olein began 2024 with moderate gains as prices increased by 5.1% despite traditionally slow post-holiday demand. Prices were supported by disciplined production in Malaysia and Indonesia, which helped offset weak biodiesel margins and ample vegetable oil stocks globally.

Early-year restocking by importing nations ahead of summer provided a temporary boost, though gains were tempered by ongoing competition from soybean and sunflower oils. The quarter laid the foundation for stronger pricing later in the year as sentiment shifted toward tightening supply. RBD Palm Olein closed Q1 2024 at USD 975 per metric ton FOB Kelang.  

Palm Olein began 2024 on a firmer note, with steady gains by 6.3% on quarterly basis despite modest demand. Southeast Asian production entered its seasonal low, while India’s pre-election economic activity provided a demand boost. The El Niño weather pattern’s delayed impact kept traders alert, as did evolving biodiesel policies in major producing countries.

Indian importers increasingly adopted hedging strategies and diversified sourcing, indicating a more sophisticated procurement approach. Market participants closely monitored weather and geopolitical developments ahead of the next production cycle. RBD Palm Olein closed the quarter at USD 902 per metric ton CIF Nhava Sheva. 

Technical Specifications of Palm Olein Price Trends

Product Description

Palm Olein (Refined, Bleached, and Deodorized Palm Olein) is the liquid fraction obtained from the fractionation of refined Palm Oil. Derived from the mesocarp of the oil Palm fruit, RBD Palm Olein undergoes refining processes to remove impurities, color, and odor, resulting in a clear, light-yellow oil with excellent oxidative stability. It remains fluid at ambient temperatures in tropical climates, making it ideal for household and industrial frying applications.

Identifiers and Classification:

  • CAS No: 8002-75-3
  • HS Code: 15119020 (or under 1511 series, depending on regional classification for Palm Oil fractions)
  • Molecular Formula: Varies; primarily composed of triglycerides of palmitic, oleic, and linoleic acids (C₅₇H₁₀₄O₆ typical)
  • Molecular Weight [g/mol]: ~806–880 g/mol (approx. for common triglyceride structures)


Synonym:

  • RBD Palm Olein
  • Refined Palm Olein


Palm Olein Grades Specific Price Assessment:

  • RBD Palm Olein


Palm Olein Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 24-26 MT
  • Packaging Type (Product & Country Specific): ISO Tank


Incoterms Referenced in Palm Olein Price Reporting

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

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

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

Key Palm Olein Manufacturers

Manufacturer 
IOI Corporation Berhad 
Kuala Lumpur Kepong Berhad (KLK) 
Sime Darby Plantation Berhad 
Keck Seng Group 
PGEO Group 

Palm Olein Industrial Applications

palm olein market share end use

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

Climate and Regulatory Impact – (2024) 
Heavy rains in Malaysia and drought conditions in Indonesia reduced fresh fruit bunch yields, affecting crude palm oil availability and refining throughput. Sustainability certification demands and stricter EU traceability regulations limited export volumes to Europe, tightening global supplies and contributing to further price increases. 

Feedstock & Logistic Disruptions – (2023) 
Extreme weather events in Southeast Asia, port congestion, and fluctuating crude palm oil (CPO) prices strained supply chains. Freight costs surged due to limited vessel availability. Meanwhile, high global inflation and tightening inventories in major importing nations like India and Bangladesh kept Palm Olein prices elevated. 

Russia-Ukraine War – (2022) 
The war disrupted sunflower oil exports, prompting many countries to substitute with palm-based oils. Palm Olein saw heightened demand, especially in Europe and the Middle East. Concurrent increases in energy, fertilizer, and transport costs further inflated production and distribution expenses, fuelling upward price pressure. 

Post-COVID Demand Recovery – (2021) 
As economies reopened, demand for Palm Olein surged, especially in foodservice, instant noodle manufacturing, and snack processing. Increased exports to India, China, and Africa tightened global supplies. Labor shortages in Malaysia and Indonesia hindered output recovery, pushing prices higher amid strong restocking by importers. 

The COVID-19 Pandemic – (2020) 
Global lockdowns and labour shortages disrupted oil palm harvesting and refining activities, including Palm Olein production. Restrictions on transportation and port operations led to delayed shipments. While retail cooking oil demand remained stable in some regions, bulk industrial usage dropped temporarily, causing price volatility due to uneven consumption patterns. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global palm olein price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the palm olein 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 olein prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely palm olein market data.

Track PriceWatch's palm olein 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 ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Palm Olein production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
  • Supply Chain Monitoring: We track the entire Palm Olein supply chain, from raw material availability to 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 Olein prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Palm Olein production facilities, particularly in vulnerable regions like the APAC coasts. These events are factored into our price forecasts and supply outlooks.
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., food, personal care, and oleochemicals), to predict shifts in Palm Olein demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Palm Olein 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 upcoming Palm Olein production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides an in-depth analysis of demand trends across key sectors, including food processing (e.g., confectionery, non-dairy creamers), personal care and cosmetics (e.g., soaps, lotions), and oleochemical industries (e.g., surfactants, fatty alcohols, and esters). 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 Olein pricing. This includes understanding the impact of shifts in consumer preferences, trade agreements, manufacturing relocation, and sustainability regulations. 

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Palm Olein  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 Olein pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Palm Olein 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 olein. 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.

Palm Olein pricing is primarily influenced by the underlying crude palm oil (CPO) market, as it is refined directly from CPO. Key factors include palm fruit harvest yields, plantation productivity, and weather patterns in major producing regions like Malaysia and Indonesia. Demand from downstream industries—such as food manufacturing, bakery fats, instant noodles, oleochemicals, and soaps—also plays a crucial role. Global vegetable oil market trends, including soybean and sunflower oil prices, affect Palm Olein’s competitiveness. Additionally, logistics costs, currency fluctuations, export policies, and biodiesel mandates influence price movements. Monitoring these supply-demand dynamics and trade policies is essential for anticipating pricing trends.

Negotiating favourable Palm Olein pricing requires a strategic, informed approach. First, leverage market knowledge by staying updated on CPO trends, seasonal harvest forecasts, and downstream demand patterns, which strengthens your negotiation position. Exploring long-term contracts helps secure stable pricing, lock in volume-based discounts, and reduce exposure to short-term volatility. Considering alternative sources—such as soybean, sunflower, or kernel oils—can improve bargaining power when negotiating. Building long-term supplier relationships based on transparency and reliability ensures priority allocation during tight supply periods and opens doors for more flexible terms. Optimizing freight, delivery schedules, and incoterms further reduces total procurement costs.

Palm Olein procurement faces risks such as price volatility, supply disruptions, and quality inconsistencies. Prices fluctuate due to crude palm oil market shifts, global vegetable oil trends, weather impacts, and biodiesel policy changes. Supply disruptions can arise from seasonal harvest variations, extreme weather events, port congestion, or geopolitical issues affecting key exporting countries. Quality concerns, including free fatty acid (FFA) levels and storage-related deterioration, can disrupt downstream production. Mitigation strategies include using futures or forward contracts to manage price exposure, diversifying suppliers and sourcing regions to reduce dependency risks, and implementing strict quality control measures such as third-party inspections and regular lab testing to ensure consistency.

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