Price Watch
Buy Now
Book a Demo

Palm Stearin Price Trend and Forecast

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

palm stearin Price Trends by Country

cnChina
usUnited States
inIndia
aeUnited Arab Emirates
jpJapan
myMalaysia

Global palm stearin Spot Market Prices, Trend Analysis and Forecast

Price-Watch™ provides price assessments for Palm Stearin across top trading regions:

Asia-Pacific

  • RBD Palm Stearin FOB Port Klang, Malaysia
  • RBD Palm Stearin CIF Shanghai (Malaysia), China
  • RBD Palm Stearin CIF Nhava Sheva (Malaysia), India
  • RBD Palm Stearin CIF Tokyo (Malaysia), Japan


North America

  • RBD Palm Stearin CIF Houston (Malaysia), USA


Middle East

  • RBD Palm Stearin CIF Sharjah (Malaysia), United Arab Emirates


Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Palm Stearin Price Trend Q1 2026

According to Price-Watch™, during Q1 2026, RBD Palm Stearin prices across global markets have exhibited a broadly bullish trend, driven by rising crude palm oil feedstock costs, geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have disrupted vegetable oil supply chains, and steady downstream demand from soap manufacturing, confectionery, and oleochemical sectors.

Malaysia, as the primary FOB export origin, has recorded moderate quarterly appreciation as elevated crude palm oil feedstock costs have compressed fractionation economics and supported firmer refined product pricing.

Freight cost movements have varied significantly across trade routes, with sharp decreases benefiting the USA and UAE while sharp increases have amplified cost transmission into India.

The Palm Stearin price trend across all monitored regions has reflected the compounding influence of feedstock cost escalation and conflict-driven supply chain disruptions, with divergent freight dynamics creating differentiated pricing outcomes across destination markets throughout the quarter.

Malaysia: Palm Stearin Export prices FOB Port Kelang, Malaysia, Grade- RBD Palm Stearin

In Q1 2026, Palm Stearin price in Malaysia has recorded an increase of approximately 3.32%, driven by rising crude palm oil feedstock costs which have elevated fractionation economics and supported firmer export pricing across the Malaysian refined palm stearin sector.

Geopolitical uncertainties surrounding the USA-Israel vs Iran conflict have further underpinned global vegetable oil demand, adding an additional layer of upward price support throughout the quarter.

The Palm Stearin price trend in Malaysia has reflected tightening supply conditions as downstream demand from soap manufacturing, confectionery, and oleochemical industries has remained steady.

Palm Stearin prices in Malaysia have remained supported as export-oriented producers have maintained disciplined pricing amid rising feedstock costs and consistent international procurement activity.

In March 2026, Palm Stearin price in Malaysia has risen by around 8.23%, as crude palm oil feedstock costs continued to climb alongside sustained geopolitical tensions, driving firmer FOB Port Kelang export pricing during the month.

USA: Palm Stearin Import prices CIF Houston from Malaysia, USA, Grade- RBD Palm Stearin

In Q1 2026, Palm Stearin price in the USA has risen by approximately 4.18%, reflecting the passthrough of firming Malaysian FOB prices into the US import market, where rising crude palm oil feedstock costs have elevated origin-side production economics.

Notably, a sharp decrease in freight costs on the Malaysia-USA trade corridor during the quarter has partially offset the full extent of origin-side cost increases, yet overall import valuations have still risen meaningfully under CIF Houston terms.

The Palm Stearin price trend in the USA has been shaped by the interplay between elevated feedstock-driven origin costs and the moderating influence of lower logistics expenses, with geopolitical uncertainties surrounding the USA-Israel vs Iran conflict having underpinned the broader vegetable oil cost environment. Palm Stearin prices in the USA have remained supported by steady demand from soap manufacturing and industrial sectors throughout the quarter.

In March 2026, Palm Stearin price in the USA rose by around 6.42%, as continued crude palm oil feedstock cost appreciation at origin outweighed the moderating influence of reduced freight costs, maintaining upward pressure on US import valuations during the month.

China: Palm Stearin Import prices CIF Shanghai from Malaysia, China, Grade- RBD Palm Stearin

In Q1 2026, Palm Stearin price in China has risen by approximately 3.52%, reflecting the passthrough of firming Malaysian FOB prices into the Chinese import market, where rising crude palm oil feedstock costs have elevated fractionation economics at origin and transmitted into CIF Shanghai import valuations alongside a slight increase in freight costs during the quarter.

The Palm Stearin price trend in China has been shaped by geopolitical uncertainties surrounding the USA-Israel vs Iran conflict which have supported firmer vegetable oil pricing globally, compounding the feedstock-driven cost increases filtering through from Malaysian production.

Palm Stearin prices in China have remained supported by steady downstream demand from soap manufacturing, confectionery, and oleochemical processing sectors throughout the quarter.

In March 2026, Palm Stearin price in China has risen by around 8.08%, as intensifying crude palm oil feedstock cost pressures at origin alongside conflict-driven supply chain disruptions maintained strong upward momentum in Chinese import market pricing during the month.

Japan: Palm Stearin Import prices CIF Tokyo from Malaysia, Japan, Grade- RBD Palm Stearin

In Q1 2026, Palm Stearin price in Japan has risen by approximately 3.32%, tracking the upward FOB trend from the primary Malaysian supply origin, where rising crude palm oil feedstock costs have elevated production economics and supported firmer export pricing, with a slight increase in freight costs during the quarter providing modest additional amplification under CIF Tokyo terms.

The Palm Stearin price trend in Japan has reflected elevated upstream costs driven by both feedstock cost appreciation and geopolitical uncertainties surrounding the USA-Israel vs Iran conflict, which have supported firmer global vegetable oil pricing and transmitted progressively into Japanese import valuations throughout the quarter.

Palm Stearin prices in Japan have remained supported by steady demand from soap manufacturing and confectionery sectors, with buyers absorbing incremental procurement cost increases during the period.

In March 2026, Palm Stearin price in Japan has risen by around 7.85%, as sustained crude palm oil feedstock cost increases at the Malaysian origin alongside slightly firming freight costs continued to support upward movement in Japanese import market pricing during the month.

United Arab Emirates: Palm Stearin Import prices CIF Sharjah from Malaysia, UAE, Grade- RBD Palm Stearin

In Q1 2026, Palm Stearin price in the UAE has recorded a firm increase of approximately 4.58%, reflecting the passthrough of rising Malaysian FOB prices into the UAE import market, where elevated crude palm oil feedstock costs have underpinned origin-side production economics.

A sharp decrease in freight costs on the Malaysia-UAE trade corridor during the quarter has partially moderated the full extent of origin-side cost transmission under CIF Sharjah terms, though overall import valuations have still risen meaningfully.

The Palm Stearin price trend in the UAE has been driven by the interplay between feedstock cost escalation, geopolitical uncertainties surrounding the USA-Israel vs Iran conflict, and the moderating influence of lower logistics costs on Middle East-bound trade routes. Palm Stearin prices in the UAE have remained elevated as soap manufacturing, confectionery, and industrial buyers have absorbed the net cost impact throughout the quarter.

In March 2026, Palm Stearin price in the UAE surged by around 13.03%, as intensifying Middle East geopolitical tensions and continued crude palm oil feedstock cost appreciation drove sharply higher import valuations despite the earlier freight cost relief, pushing CIF Sharjah pricing to the highest levels among all monitored markets during the month.

India: Palm Stearin Import prices CIF Nhava Sheva from Malaysia, India, Grade- RBD Palm Stearin

In Q1 2026, Palm Stearin price in India has recorded the most pronounced quarterly appreciation among all monitored markets at approximately 6.06%, driven by the combined impact of sharply rising Malaysian FOB prices underpinned by elevated crude palm oil feedstock costs and significant freight cost increases on the Malaysia-India trade corridor, which have together driven a substantial elevation in CIF Nhava Sheva import valuations during the quarter.

The Palm Stearin price trend in India has reflected acute sensitivity to feedstock-driven origin cost escalation compounded by the USA-Israel vs Iran conflict and sharp logistics cost pressures, with downstream demand from soap manufacturing, confectionery, and oleochemical refining sectors remaining robust throughout the period.

Palm Stearin prices in India have remained firmly elevated as import-dependent market dynamics and the dual burden of rising crude palm oil feedstock costs and freight escalation have left buyers with limited ability to mitigate compounding cost pressures.

In March 2026, Palm Stearin price in India has surged by around 11.46%, as sustained crude palm oil feedstock cost increases at origin alongside sharp freight cost escalation continued to drive CIF Nhava Sheva import valuations to significantly elevated levels during the month.

Palm Stearin Price Trend Analysis: Q4 2025

In Q4 2025, the global RBD Palm Stearin market displayed a clear downward trajectory, characterized by quarterly declines generally spanning 1-4%. Surging Malaysian Palm Oil production from optimal harvests overwhelmed refinery capacities, bolstering supplies for critical shortenings, soaps, and confectionery applications worldwide.

Intensified rivalry from beef tallow, soy oil derivatives, and regional alternatives eroded pricing power, further pressured by stringent EU sustainability rules, volatile currencies inflating import hurdles, and waning bakery demand amid consumer belt-tightening. CIF freight dynamics fluctuated wildly, with sharp decreases from vessel efficiencies contrasting hikes tied to port snarls.

Collectively, the RBD Palm Stearin price trend underscores abundant fundamentals overpowering subdued end-user appetite, positioning the market for sustained softness heading into Q1 2026 unless fresh demand drivers like biofuel mandates materialize to rebalance equations.

Malaysia: Palm Stearin Export prices FOB Port Kelang, Malaysia, Grade- RBD Palm Stearin

According to Price-Watch™, in Q4 2025, RBD Palm Stearin prices in Malaysia ranged USD 976-1065 and showed a downward price trend. The 1.54% drop reflected abundant palm oil output from peak harvesting, ample refinery margins, and muted export inquiries amid global oversupply signals.

Steady domestic consumption in shortenings provided a floor, but trader’s caution over sustainability certifications curbed aggressive bidding. The RBD Palm Stearin price trend in Malaysia highlights supply glut tempered by balanced regional processing needs.

In December 2025, RBD Palm Stearin prices in Malaysia dipped -0.55%, hit by year-end stock builds, pre-holiday slowdowns, and consistent FOB loadings. Freight charges remained not applicable, reinforcing cost stability at origin.

USA: Palm Stearin Import prices CIF Houston from Malaysia, USA, Grade- RBD Palm Stearin

In Q4 2025, RBD Palm Stearin prices in the USA ranged USD 1105-1200 and showed a downward price trend. The 4.06% decline arose from robust soy oil stearin substitutes, waning bakery demand amid inflation, and high U.S. inventories from prior shipments.

CIF logistics smoothed arrivals despite disruptions, but soft margarine blending orders deepened the slide. The RBD Palm Stearin price trend in the USA exposes sensitivity to domestic fats competition and economic restraint.

However, in December 2025, RBD Palm Stearin prices in the USA gained 1.24%, spurred by restocking rallies, holiday confectionery pulls, and stabilizing energy costs. Freight charges marked a sharp decrease via efficient Gulf routes and falling fuel rates.

China: Palm Stearin Import prices CIF Shanghai from Malaysia, China, Grade- RBD Palm Stearin

In Q4 2025, RBD Palm Stearin prices in China ranged USD 993-1085 and showed a downward price trend. The 1.41% easing stemmed from surging local beef tallow and pork lard production, which displaced imports in puff pastry and dim sum applications, alongside government stockpiling that reduced urgency for overseas volumes.

Port efficiencies ensured steady CIF inflows, yet persistent yuan depreciation and economic caution among food processors further dampened bidding enthusiasm. The RBD Palm Stearin price trend in China underscores domestic protein fats overwhelming refined palm needs in a supply-rich environment.

In December 2025, RBD Palm Stearin prices in China fell -0.42%, burdened by end-quarter profit-taking, ballooning terminal stocks, and moderated pre-Lunar New Year preparations amid weak consumer sentiment. Freight charges saw a slight increase driven by chronic Shanghai container backlogs and escalating intra-Asia carrier surcharges.

Japan: Palm Stearin Import prices CIF Tokyo from Malaysia, Japan, Grade- RBD Palm Stearin

According to Price-Watch™, in Q4 2025, RBD Palm Stearin prices in Japan ranged USD 1025-1115 and showed a downward price trend. The 1.46% reduction was propelled by bloated importer inventories carried over from Q3, ongoing yen depreciation inflating landed costs, and stiff rivalry from hydrogenated canola stearins favored in premium wagashi and instant noodle shortenings.

Refiners adopted conservative stances as domestic pastry and chocolate demand stagnated under inflationary grocery pressures. The RBD Palm Stearin price trend in Japan reveals persistent stockpile overhang and currency barriers in this quality-conscious market.

In December 2025, RBD Palm Stearin prices in Japan slipped -0.36%, lacking catalysts amid predictable holiday volumes from confectioners and stable utility sector pulls. Freight charges experienced a slight increase attributable to elevated Tokyo discharge premiums and incremental transpacific fuel adjustments.

United Arab Emirates : Palm Stearin Import prices CIF Sharjah from Malaysia, UAE, Grade- RBD Palm Stearin

In Q4 2025, RBD Palm Stearin prices in UAE ranged USD 1065-1150 and showed a downward price trend. The 2.47% decrease linked to ample Black Sea sunflower stearin reroutes, diminished re-export momentum from easing Mideast geopolitical strains, and margin erosion in soap and detergent blending amid volatile energy inputs.

Regional hubs pivoted to cheaper feedstocks, while oversupplied vessels curbed urgency. The RBD Palm Stearin price trend in UAE underscores transshipment slack and substitute appeal in a logistics crossroads.

In December 2025, RBD Palm Stearin prices in UAE declined 0.12%, reflecting persistent arrivals, low New Year confectionery bids, and no demand inflection. Freight charges plunged sharply with excess tonnage and discounted Gulf lanes, potentially stabilizing into Q1.

India: Palm Stearin Import prices CIF Nhava Sheva from Malaysia, India, Grade- RBD Palm Stearin

In Q4 2025, RBD Palm Stearin prices in India ranged USD 1050-1140 and showed an upward price trend. The 1.20% gain powered by Diwali and wedding season shortenings boom, compounded by olein diversion to frying uses and rupee depreciation amplifying CIF premiums despite steady duties.

Tier-2 city processors and vanaspati makers aggressively sourced amid local fat shortages. The RBD Palm Stearin price trend in India illustrates consumption firepower overriding global bearishness through cultural peaks and import reliance.

In December 2025, RBD Palm Stearin prices advanced 1.02%, propelled by sustained festivities, nonstop refinery operations, and Nhava Sheva berth constraints. Freight charges spiked sharply from vessel shortages, peak India-Malaysia premiums, and holiday surcharges, signaling Q1 tightness risks.

In Q3 2025, the worldwide RBD Palm Stearin market witnessed strong Palm Stearin price trend increase in major importing nations, varying from about 7-11%. Malaysia remained the pacesetter for the prices on the back of strong Crude Palm Oil prices, firm local demand, and consistent export supplies. Regional imports like the USA, China, Japan, UAE, and India experienced high demand from food, oleochemical, and industrial markets, leading to further price increase.

Though supplier competition existed, buyers emphasized reliability and standard product quality sourced from Malaysia. Generally, Palm Stearin’s relevance in food, personal care, and industries guaranteed robust demand even in the face of changing supply and logistics situations. The forecast is for continued steady demand and persistent price resilience looking into the next quarter.

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

In Q3 2025, RBD Palm Stearin prices in Malaysia increased by 7.81% compared to the last quarter, ranging between 975–1080 USD per metric ton. Palm Stearin Price trend in Malaysia was fueled by stronger Crude Palm Oil prices and steady domestic consumption, with tight export volumes in regional markets. Malaysia remained the world reference price for Palm Stearin because of consistent supply and robust industrial demand from food and oleochemical makers.

Production discipline and efficiency ensured quality was sustained, and the country’s proven logistics network ensured timely shipment and consistency. In September 2025, prices rose by 2.68%, with pricing stability expected to remain fragile soon. Despite modest rivalry, Malaysia’s position as a top supplier did not waver during the period, supported by its commitment to sustainable sourcing and strong downstream refining capability.

USA: Palm Stearin Import prices CIF Houston, Malaysia, Grade- RBD Palm Stearin.

During Q3 2025, RBD Palm Stearin prices in the USA posted a healthy 7.73% increase, with prices quoted between 1120–1220 USD per metric ton. Sharply escalating freight costs provided upward momentum, and competitive global market forces contained larger price jumps but maintained palm stearin price trends in the USA firmly. Palm Stearin prices were also supported largely by robust US export demand and material scarcity from Malaysia that drove supply-side tightness across the board.

In September 2025, Palm Stearin prices rose sharply by 3.19%, with buying interest likely to remain limited in the near term. US purchasers still preferred Malaysian Palm Stearin due to quality and reliability. Strategic inquiry and import planning remained key, with market players watching shifting consumption patterns and vegetable oil competition in the wider food and chemical sectors.

China: Palm Stearin Import prices CIF Shanghai, Malaysia, Grade- RBD Palm Stearin.

According to Price-Watch, in Q3 2025, RBD Palm Stearin prices in China increased 7.69% from Q2 and fell in the range of 990–1095 USD per metric ton. Freight charges slightly increased this quarter, adding to the cost of imports but the positive Palm Stearin price trend in China was driven by sustained strong demand from China’s food processing and industrial sectors, backed by strong upstream Crude Palm Oil prices.

However, a competitive import environment and deep market discipline among purchasers constrained further price increase. In September 2025, Palm Stearin prices rose by 2.76%, with market momentum expected to remain positive. Flexible supply deals and strategic sourcing enabled Chinese importers to adapt to market developments while sustaining positive buying momentum during the quarter.

Japan: Palm Stearin Import prices CIF Tokyo, Malaysia, Grade- RBD Palm Stearin.

In Q3 2025, RBD Palm Stearin prices in Japan increased by 8.50% compared to the last quarter, with prices at 1020–1125 USD per metric ton. Higher freight rates, along with supply shortages from Malaysia and high levels of demand from Japanese food and industrial processors, drove the upward Palm Stearin price trend in Japan. Malaysia remained the most favored among Japanese buyers due to consistent product quality and reliable shipments.

In September 2025, Palm Stearin prices rose by 2.59%, with overall market sentiment likely to remain guarded in the near term. Japanese buyers revised procurement plans to purchase inventories considering continued market dynamics, validating Malaysia’s continued status as a supplier partner for Palm Stearin to Japan’s variegated industrial and consumer base.

United Arab Emirates: Palm Stearin Import prices CIF Sharjah, Malaysia, Grade- RBD Palm Stearin.

During Q3 2025, RBD Palm Stearin prices in the UAE market saw a quarterly rise of 8.10%, with CIF Sharjah prices between 1075–1175 USD per metric ton. The increase on the Palm Stearin price trend in the UAE was aided by modestly higher freight charges, consistent supply from Malaysia, and steady demand from regional food and chemical users. Malaysian Palm Stearin continued its reliable position with stable procurement backed by consistency and timely deliveries.

In September 2025, Palm Stearin prices increased slightly by 0.80%, with pricing stability expected to remain fragile in the near term. UAE buyers reacted to changing market pressures by diversifying procurement strategies, enabling cost stability while maximizing supply security amid moderate competition in the regional edible oil market.

India: Palm Stearin Import prices CIF Nhava Sheva, Malaysia, Grade- RBD Palm Stearin.

According to Price-Watch, in Q3 2025, RBD Palm Stearin prices in India recorded the steepest quarterly increase among importers, increasing by 10.56%, with CIF Nhava Sheva prices at 1040–1145 USD per metric ton. Palm Stearin Price trend in India was driven by higher freight costs, mounting demand from food and oleochemical producers and strong supply alliances with Malaysia. Indian customers ranked assured product quality and versatile procurement at the top, backing Malaysia’s continued leadership position in India’s Palm Stearin value chain.

In September 2025, prices rose by 2.85%, with buying interest likely to remain limited in the near term. Competitive forces and changing Palm Stearin price trends necessitated smart sourcing tactics and solidified Malaysia’s position as a key source for both industrial and food industry requirements within the nation.

Palm Stearin prices in Q2 2025 remained under pressure as weak biodiesel demand and ample soft oil supplies weighed on the market. During the quarter, Palm Stearin prices declined by 11.3%. The quarter saw prices bottom out at USD 910 per metric ton in mid-June before a late-quarter recovery driven by production cuts and African buying interest. Persistent competition from soybean oil and Indonesia’s reduced biodiesel blending requirements continued to cap upward momentum, while Malaysian refinery run cuts helped prevent steeper declines. Mixed fundamentals left the market testing support levels toward the close of the quarter, balancing weak oleochemical demand against tightening supplies. According to PriceWatch, RBD Palm Stearin ended the quarter at USD 975 per metric ton FOB Port Kelang. 

Palm Stearin prices in Q2 2025 remained volatile, declining by 12.7% as weak Indian demand and high Malaysian stocks pressured the market. The quarter saw prices bottom at USD 1,004 per metric ton in June before a late-month rally on production cuts. Subdued oleochemical demand and competitive pressure from soybean stearin capped gains, though reduced Malaysian exports prevented steeper falls. Market sentiment remained fragile with buyers resisting higher prices despite tightening supplies. According to PriceWatch, RBD Palm Stearin closed the quarter at USD 1,071 per metric ton CIF Nhava Sheva. 

Palm Stearin pricing in Q1 2025 extended its downtrend as prices declined by 12.3% amid high palm oil inventories and muted industrial demand. Despite this, the market showed relative stability within a USD 1,058-1,174 per metric ton trading band, indicating weak but balanced conditions. The quarter reflected intense price competition with alternative feedstocks, as global vegetable oil surpluses suppressed any meaningful recovery. Buyer sentiment remained cautious, with oleochemical producers focusing on hand-to-mouth purchases rather than forward coverage. This period highlighted the ongoing demand destruction in key applications despite manageable supply. RBD Palm Stearin closed the quarter at USD 1,058 per metric ton FOB Port Kelang. 

Palm Stearin prices collapsed 18.5% to USD 1,152 per metric ton in Q1 2025, marking the steepest quarterly drop since 2020. The sell-off accelerated through March as Indian buyers deferred purchases amid ample domestic inventories. Despite Malaysia’s export tax adjustments, prices broke below key support levels at USD 1,200 per metric ton, reflecting structural oversupply in the stearin segment. The quarter highlighted growing divergence between palm oil and palm stearin fundamentals, with the latter suffering from weak industrial demand. RBD Palm Stearin ended Q1 at USD 1,152 per metric ton. 

Palm Stearin Price Trend Analysis: Q4 2024

Palm Stearin prices in Q4 2024 experienced exceptional volatility as prices rose sharply by 19.8%, initially supported by tight biodiesel-derived supplies and pre-winter stocking. However, the rally lost steam in late December as anticipated demand failed to materialize and year-end profit-taking dominated trading. Shifting inventory reports and evolving biodiesel policy expectations in Southeast Asia further destabilized sentiment.

The quarter’s trajectory demonstrated how quickly sentiment can reverse when fundamental and speculative factors diverge. What began as a bullish quarter ended on a weaker note, underscoring the market’s vulnerability to rapid corrections. RBD Palm Stearin concluded the quarter at USD 1,254 per metric ton FOB Port Kelang. 

Palm Stearin surged 23.8% to USD 1,337 per metric ton in Q4 2024, peaking at USD 1,415 per metric ton in early December before profit-taking emerged. The rally was driven by production shortfalls in Malaysia and pre-festive stocking from Indian soap manufacturers. Tightness in palm oil fatty acid distillates (PFAD) further supported stearin values, though the rally lost momentum as year-end inventory adjustments began. The quarter demonstrated stearin’s heightened sensitivity to biodiesel-driven palm oil tightness. Prices closed at USD 1,337 per metric ton. 

Palm Stearin witnessed its strongest quarterly performance since 2022 in Q3 2024, with prices surging by 13.6% on production shortfalls in Indonesia and Malaysia. Robust demand from soap manufacturers ahead of festival seasons further fuelled the rally, pushing the market above key technical levels. Tight stocks and firm palm   oil prices amplified upward momentum, reinforcing palm stearin’s pricing power relative to competing fractions.

However, concerns emerged over demand sustainability as prices neared multi-year highs, highlighting the delicate balance between industrial needs and feedstock affordability. RBD Palm Stearin closed the quarter at USD 1,008 per metric ton FOB Port Kelang. 

Prices gained 14.2% to USD 1,063 per metric ton in Q3 2024 as Malaysian output concerns and strong Indian import demand converged. The uptrend was particularly sharp in September (USD 1,042-1,188 per metric ton) as stearin became caught in palm oil’s broader rally. However, the advance exposed demand fragility, with Indian buyers quickly retreating when prices neared USD 1,200 per metric ton. The quarter closed at USD 1,063 per metric ton, testing resistance levels that would hold through year-end. 

Palm Stearin prices in Q2 2024 rebounded steadily, gaining by 9.1%, supported by improved oleochemical demand and production issues across Southeast Asia. The market showed a clear transition from contango to backwardation, signalling tightening nearby supplies despite lingering uncertainty in global industrial demand. Competitive pressure from tallow and other hard stocks capped the pace of gains, but sentiment remained cautiously optimistic as regional buyers replenished inventories. This quarter marked a turning point after the subdued spring market, restoring confidence in palm stearin’s pricing resilience. RBD Palm Stearin ended the quarter at USD 881 per metric ton FOB Port Kelang. 

The Palm Stearin market posted a steady 9.1% gain in Q2 2024, recovering from early-quarter lows driven by subdued industrial demand. Malaysian export volumes improved significantly, while India’s pre-monsoon restocking offered consistent support to the market. However, prices struggled to sustain levels beyond USD 1,000 per metric ton as downstream buyers remained cautious amid broader vegetable oil market softness. Notably, stearin began decoupling from crude palm oil’s volatility during this period, reflecting its more specialized demand in oleochemical and industrial applications. The quarter defined a new, narrower trading range, signalling a shift toward supply-led pricing patterns. Palm Stearin concluded Q2 at USD 992 per metric ton. 

Palm Stearin began 2024 with moderate gains as prices increased by 4.8% despite traditionally slow post-holiday demand. Prices were supported by disciplined production in Malaysia and Indonesia, which helped offset weak biodiesel margins and ample competing feedstocks globally. Early-year restocking by industrial users ahead of summer provided a temporary boost, though gains were tempered by ongoing competition from alternative hard stocks. The quarter laid the foundation for stronger pricing later in the year as sentiment shifted toward tightening supply. RBD Palm Stearin closed Q1 2024 at USD 939 per metric ton FOB Port Kelang. 

Palm Stearin opened 2024 on a firm note, gaining 6.3% in Q1 despite the usual post-holiday demand slowdown. Malaysian production discipline combined with India’s early-year restocking created temporary tightness, pushing prices to a quarterly peak of USD 1,023 per metric ton in March. This period marked the start of a clear pricing premium for stearin over palm Stearin, reflecting its growing value in industrial uses such as soaps, candles, and oleochemicals. While the quarter highlighted resilience in specialized demand, broader vegetable oil markets remained weak, limiting further upside momentum. By the end of March, the market had stabilized after brief rallies. Palm Stearin closed Q1 at USD 899 per metric ton. 

Technical Specifications of Palm Stearin Price Trends

Product Description

Palm Stearin (Refined, Bleached, and Deodorized Palm Stearin) is the solid fraction obtained from the fractionation of Palm Oil. It is premium-quality, white to pale yellow, odorless vegetable fat with a high melting point and excellent oxidative stability. Produced through refining, bleaching, deodorization, and fractionation of Crude Palm oil, Palm Stearin is characterized by its firmness at room temperature and rich saturated fatty acid profile, predominantly Palmitic Acid.

Identifiers and Classification:

  • CAS No: 91079-14-0
  • HS Code: 1511.90 (or classified under 1511 series regionally for Palm Oil products)
  • Molecular Formula: Varies; primarily composed of triglycerides of palmitic, oleic, and stearic acids (e.g., C₅₇H₁₀₄O₆ typical)
  • Molecular Weight [g/mol]: ~860–890 g/mol (approx. for typical triglyceride structures)


Synonym:

  • RBD Palm Stearin
  • Refined Palm Stearin
  • Palm Fat


Palm Stearin Grades Specific Price Assessment:

  • RBD Palm Stearin


Palm Stearin Global Trade and Shipment Terms

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


Incoterms Referenced in Palm Stearin Price Reporting

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

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

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

Key Palm Stearin Manufacturers

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

Palm Stearin Industrial Applications

palm stearin market share end use

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

Climate and Farming Impact – (2024) 

Abnormal rainfall patterns and drought conditions in major producing countries impacted palm fruit quality and yield. This reduced the volume of stearin available after fractionation. Simultaneously, robust demand from food processors and soap manufacturers drove competition for limited supply. Stricter environmental and traceability regulations in Europe also delayed shipments, further affecting global price dynamics. 

Feedstock & Logistic Disruptions – (2023) 

Unfavourable weather patterns in key producing regions reduced palm oil yields, limiting the availability of feedstock for Palm Stearin. Logistics constraints—including port congestion, reduced vessel availability, and high shipping rates—further complicated supply chains. Combined with rising crude palm oil prices, these factors introduced significant volatility in Palm Stearin markets. 

Russia-Ukraine War – (2022) 

The war disrupted global edible oil markets, especially sunflower oil exports. As Palm Stearin became a viable alternative for food processing and frying applications, demand increased sharply. Higher fertilizer and energy costs also drove up upstream production costs, which were passed down the value chain, contributing to elevated Palm Stearin prices globally. 

Post-COVID Demand Recovery – (2021) 

As industrial activity resumed, demand for Palm Stearin surged—especially in the production of margarine, shortening, and soap. Countries in Africa, South Asia, and the Middle East increased imports to restock. However, operational slowdowns due to lingering labour constraints in Malaysia and Indonesia prevented a swift recovery in output, tightening supply and pushing prices upward. 

The COVID-19 Pandemic – (2020) 

Global lockdowns and movement restrictions severely disrupted the palm oil industry, affecting both crude palm oil processing and Palm Stearin production. Labor shortages and transportation barriers led to delays in refining operations. As demand from industrial sectors like food manufacturing, bakery fats, and soap production weakened temporarily, inventories built up, resulting in sharp price fluctuations and uncertainty in global markets. 

Why Price Watch™?

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

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

Track Price Watch's™ palm stearin 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.

Palm Stearin Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

Palm Stearin pricing is largely influenced by crude palm oil values, which depend on harvest yields, raw material availability, and processing capacity in key producers like Indonesia and Malaysia. Downstream demand from food, oleochemical, personal care, and biofuel industries strongly affects price stability, with robust demand supporting higher levels. Short‑term fluctuations are often driven by weather events such as monsoons or droughts, logistical disruptions, and currency volatility. Additionally, regulatory changes—including EU sustainability standards and biodiesel mandates—can tighten supply or alter trade flows. Local inventory levels and competing vegetable oil prices also play a crucial role in determining Palm Stearin trends.

To secure favourable Palm Stearin pricing, buyers should closely track global market trends, demand shifts, and policy updates impacting crude palm oil and refined products. Long‑term contracts can help lock in stable pricing while offering volume‑based discounts, especially during periods of market volatility. Evaluating alternative suppliers and comparing competing vegetable oils strengthens bargaining power. Building trust and long‑term relationships with key suppliers often results in better flexibility and preferential allocation during tight markets. Additionally, negotiating logistics and freight terms can lower overall landed costs, particularly when dealing with port congestion, seasonal freight hikes, or delivery bottlenecks.

Palm Stearin procurement faces risks such as price volatility driven by crude palm oil fluctuations, policy changes, and macroeconomic uncertainty. Supply disruptions from seasonal production swings, extreme weather, or logistics delays can affect availability, while inconsistent refining or storage may cause quality issues. Regulatory changes and currency fluctuations further impact procurement costs. To mitigate these risks, companies can use hedging tools like futures and forward contracts, diversify their supplier base across regions, and maintain safety stocks for critical periods. Clear quality specifications, third‑party testing, and regular supplier audits help ensure product consistency, while currency hedging reduces financial exposure.

Palm Stearin is the solid fraction obtained from the fractionation of palm oil. It is widely used in food processing, confectionery fats, bakery shortenings, and oleochemical industries. Its price affects the cost structure of various products, including margarine, baked goods, soaps, and candles, making it a key indicator in the edible oils and oleochemicals markets. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

Palm Stearin prices vary by grade and region. Prices are typically quoted per metric ton and change based on supply, demand, and energy costs. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Palm Stearin prices are influenced by crude palm oil prices, fractionation capacity, global demand for solid fats, export volumes, and the availability of competing fats like soybean and palm kernel stearin. Seasonal production patterns, weather conditions affecting fresh fruit bunch yields, and regulatory changes in importing countries also impact pricing.

The food manufacturing sector is the largest buyer, particularly producers of margarines, bakery fats, and confectionery products. Oleochemical manufacturers also consume Palm Stearin for soap and candle production. Demand also comes from biodiesel producers using it as a feedstock for specialty biofuels and industrial lubricants. Price-Watch™ analyses demand patterns across all these industries.

Palm Stearin is derived from palm oil through a physical process called fractionation, where palm oil is cooled and separated into solid (stearin) and liquid (olein) components. This process enhances the functional properties of the oil for various industrial and food applications.

Malaysia and Indonesia dominate Palm Stearin production and exports, supported by large palm oil plantations and well-developed processing infrastructure. These countries supply major global markets, including China, India, Europe, and the Middle East, which rely on steady imports for manufacturing and food industries. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Generally, supply meets global demand, but fluctuations occur due to seasonal palm fruit harvest cycles and fractionation plant capacities. Weather anomalies, labor availability, and logistical challenges can create temporary imbalances affecting availability and prices. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Palm Stearin is graded based on melting point, iodine value, free fatty acid content, and purity. Higher-grade stearin with consistent physical and chemical properties commands premium pricing due to better performance in food and industrial applications. Lower grades are priced competitively and often require additional processing. Price-Watch™ provides separate price assessments for each grade to ensure market transparency.

When demand increased, particularly from food processors or oleochemical producers, market availability tightened and prices generally moved higher. Buyers often faced longer lead times or higher premiums to secure required volumes. Price-Watch™ captures these market dynamics in real-time.

Processing and logistics are among the largest cost components for Palm Stearin. When energy prices, transportation costs, or labor expenses rise, refiners and fractionators often pass these costs on to buyers, increasing Palm Stearin prices. This is why prices in regions with lower electricity and processing costs tend to be more competitive, a correlation that Price-Watch™ analyses in its price assessments & market reports.

Price Watch™ collects pricing data from producers, refiners, traders, and buyers worldwide to publish regular Palm Stearin price assessments, market reports, and forecasts. Its transparent methodology and broad coverage support reliable market understanding. Price-Watch™ tracks prices across all major regions to highlight these differences.

The Palm Stearin market outlook depends on factors such as demand growth from food and oleochemical industries, palm oil production levels, refining and fractionation costs, trade policies, and regulatory compliance requirements. Price-Watch™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Absolutely. Accurate forecasting allows you to time your purchases better, negotiate contracts more effectively, and budget more accurately. If Price-Watch™ forecasts predict a price increase in three months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Events such as adverse weather, trade disputes, processing disruptions, or economic slowdowns can interrupt palm oil production or export flows, leading to supply tightness and price volatility. The COVID-19 pandemic, changes in import duties, and weather-related disruptions in Southeast Asia, for example, created notable market fluctuations. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Palm Stearin industry.

Access Real-Time Palm Stearin Price Trends
Access Real-Time Palm Stearin Price Trends