Palm Oil decreased 155 MYR/MT or 3.49% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on March of 2025.

This statistic depicts the average annual prices for palm oil from 2014 through 2026*. In 2023, the average price for palm oil stood at 886 nominal U.S. dollars per metric ton.

Graph and download economic data for Global price of Palm Oil (PPOILUSDM) from Jan 1990 to Feb 2025 about oil, World, food, and price.

This statistic depicts the average monthly prices for palm oil worldwide from January 2014 through January 2025. In January 2025, the average monthly price for palm oil worldwide stood at 1,070.31 nominal U.S. dollars per metric ton.

The palm oil prices in the Malaysia for Q4 2023 reached 810 USD/MT in December. Initially, prices declined due to surplus stock and expectations of higher production. By November, prices picked up because of factors like the thriving food and beverage (F&B) industry, along with geopolitical impacts on crude oil. As December approached, a dip in exports led to declining prices, pushing producers to reduce excess inventory.

The Mexican crude palm oil market surged to $584M in 2024, rising by 27% against the previous year. Overall, consumption enjoyed a notable increase. Over the period under review, the market attained the maximum level in 2024 and is likely to see gradual growth in years to come.

Malaysia Turnover: Futures: Crude Palm Oil data was reported at 731,180.000 Contract in Sep 2018. This records a decrease from the previous number of 852,195.000 Contract for Aug 2018. Malaysia Turnover: Futures: Crude Palm Oil data is updated monthly, averaging 445,949.000 Contract from Jan 2004 (Median) to Sep 2018, with 177 observations. The data reached an all-time high of 1,174,494.000 Contract in Feb 2017 and a record low of 72,396.000 Contract in Jan 2006. Malaysia Turnover: Futures: Crude Palm Oil data remains active status in CEIC and is reported by Bursa Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.Z012: Bursa Malaysia: Derivatives: Turnover and Open Interest.

As of December 2024, the average monthly price for crude palm oil in Malaysia was approximately 5,120 Malaysian ringgit per metric ton, an increase compared to the same period in the previous year. The average price of Malaysian crude palm oil has been increasing in that year.

The Indian refined palm oil market rose modestly to $5.8B in 2024, growing by 2.1% against the previous year. Overall, consumption, however, saw a prominent expansion. Refined palm oil consumption peaked at $6B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The Price of RBD Palm Oil in China for Q4 2023 reached 992 USD/MT in December. In Malaysia, RBD palm oil prices reached 812 USD/MT in December 2023.

China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 3rd Month data was reported at 9,226.000 RMB/Ton in Feb 2025. This records an increase from the previous number of 8,770.000 RMB/Ton for Jan 2025. China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 3rd Month data is updated monthly, averaging 6,440.000 RMB/Ton from Oct 2007 (Median) to Feb 2025, with 209 observations. The data reached an all-time high of 13,852.000 RMB/Ton in Apr 2022 and a record low of 4,174.000 RMB/Ton in Jun 2019. China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 3rd Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

The global crude palm oil market expanded to $71.7B in 2024, growing by 3.8% against the previous year. Over the period under review, the total consumption indicated a measured increase from 2012 to 2024: its value increased at an average annual rate of +3.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -9.9% against 2022 indices.

Malaysia Core Inflation Nowcast: Contribution: Commodity Prices: Crude Palm Oil: KLCE: Settlement Price: Current Month Future data was reported at 20.210 % in 10 Mar 2025. This stayed constant from the previous number of 20.210 % for 03 Mar 2025. Malaysia Core Inflation Nowcast: Contribution: Commodity Prices: Crude Palm Oil: KLCE: Settlement Price: Current Month Future data is updated weekly, averaging 0.786 % from Oct 2020 (Median) to 10 Mar 2025, with 230 observations. The data reached an all-time high of 30.672 % in 11 Dec 2023 and a record low of 0.000 % in 13 Jan 2025. Malaysia Core Inflation Nowcast: Contribution: Commodity Prices: Crude Palm Oil: KLCE: Settlement Price: Current Month Future data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Malaysia – Table MY.CEIC.NC: CEIC Nowcast: Inflation: Core.

In May 2023, the price of Crude Palm Oil reached $1,074 per ton (CIF, United Kingdom), showing a decrease of -3.3% compared to the previous month.

In 2024, after six years of decline, there was significant growth in the Sri Lankan palm oil market, when its value increased by 8.4% to $32M. Overall, consumption, however, continues to indicate a abrupt descent. Palm oil consumption peaked at $180M in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.

In 2024, the Guatemalan crude palm oil market increased by 4,132% to $248M for the first time since 2020, thus ending a three-year declining trend. Over the period under review, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Get the latest insights on price movement and trend analysis of RBD Palm Olein in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

This dataset provides values for PALM OIL reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

NCDEX: Spot Price: Crude Palm Oil: Kakinada: First Session data was reported at 1,270.000 INR/10 kg in 26 Mar 2025. This records an increase from the previous number of 1,267.500 INR/10 kg for 25 Mar 2025. NCDEX: Spot Price: Crude Palm Oil: Kakinada: First Session data is updated daily, averaging 907.500 INR/10 kg from Jan 2024 (Median) to 26 Mar 2025, with 299 observations. The data reached an all-time high of 1,320.000 INR/10 kg in 11 Nov 2024 and a record low of 767.500 INR/10 kg in 04 Jan 2024. NCDEX: Spot Price: Crude Palm Oil: Kakinada: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

The Nigerien crude palm oil market stood at $1.4B in 2024, picking up by 4.4% against the previous year. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -6.8% against 2022 indices.