Palm Oil rose to 4,175 MYR/T on July 11, 2025, up 0.68% from the previous day. Over the past month, Palm Oil's price has risen 8.72%, and is up 6.67% compared to the same time last year, 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 July of 2025.

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.

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.

China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 3rd Month data was reported at 8,398.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 9,076.000 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 3rd Month data is updated monthly, averaging 6,512.000 RMB/Ton from Oct 2007 (Median) to Apr 2025, with 211 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.

Download Historical Crude Palm Oil - Malaysia Futures Data. CQG daily, 1 minute, tick, and level 1 data from 1899.

Graph and download economic data for Global price of Palm Oil (PPOILUSDM) from Jan 1990 to May 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 ******** nominal U.S. dollars per metric ton.

Malaysia Core Inflation Nowcast: Contribution: Commodity Prices: Crude Palm Oil: KLCE: Settlement Price: Current Month Future data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Malaysia Core Inflation Nowcast: Contribution: Commodity Prices: Crude Palm Oil: KLCE: Settlement Price: Current Month Future data is updated weekly, averaging 0.742 % from Oct 2020 (Median) to 12 May 2025, with 239 observations. The data reached an all-time high of 30.672 % in 11 Dec 2023 and a record low of 0.000 % in 12 May 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.

Snapshot img

Palm Oil Market Size 2025-2029

The palm oil market size is forecast to increase by USD 54.4 billion, at a CAGR of 9% between 2024 and 2029.

The Palm Oil Market is segmented by application (edible oil, surfactants, bio-diesel, others), type (conventional, organic), and geography (Europe: Germany, UK; Middle East and Africa: Qatar, UAE; APAC: China, India, Indonesia, Malaysia, Pakistan; Rest of World). This segmentation reflects the market's growth, driven by high demand for edible oil and bio-diesel applications, with conventional palm oil dominating and significant production and export contributions from Indonesia and Malaysia in the APAC region.
The market is driven by the increasing consumer awareness towards the health benefits associated with palm oil. This trend is fueled by the growing recognition of palm oil's role in various food products and its nutritional properties. Key end-use sectors include instant noodles, cereals, candles, shampoos, detergents, and biofuel production. A new growth avenue for palm oil is emerging in the biodiesel sector, as governments and industries seek sustainable alternatives to fossil fuels. However, this market faces significant challenges. Deforestation and plant diversity losses remain pressing concerns, with negative environmental impacts threatening the industry's reputation and long-term sustainability.
Companies must navigate these challenges by implementing responsible sourcing practices and investing in sustainable production methods to meet evolving consumer demands and regulatory requirements. By focusing on these strategic priorities, players in the market can capitalize on emerging opportunities while mitigating risks and ensuring long-term growth.

What will be the Size of the Palm Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

Palm oil, derived from the fruit of the oil palm tree, continues to be a dynamic and evolving market due to its diverse applications across various sectors. Crude palm oil serves as a primary ingredient in food processing, cosmetics, and biodiesel production. The ongoing development of palm oil technology advances the industry's efficiency and sustainability, with innovations in refining processes, palm oil mill operations, and transportation methods. Sustainability remains a significant focus, as concerns over greenhouse gas emissions and land use change persist. Regulations and certifications, such as the Roundtable on Sustainable Palm Oil (RSPO), aim to promote sustainable practices in palm oil production.

These efforts extend to the supply chain, with increasing emphasis on transparency and responsible sourcing. Palm oil byproducts, including palm oil biogas and biofertilizer, offer additional value to the industry. The versatility of palm oil extends to the creation of palm oil biofuel, contributing to the energy sector. The continuous unfolding of market activities reveals the potential for further growth and innovation, as the industry adapts to evolving consumer demands and regulatory requirements. Forest conservation and the reduction of deforestation are essential considerations for the palm oil sector. The industry's impact on greenhouse gas emissions and land use change necessitates ongoing efforts to minimize environmental harm while maintaining economic viability.

The palm oil futures market reflects the industry's volatility and the importance of effective price risk management for investors. In the realm of palm oil plantations, advancements in technology and sustainable practices are essential to maintaining profitability and addressing environmental concerns. The palm oil mill sector continues to optimize processes, while transportation methods evolve to ensure efficient and cost-effective delivery of crude palm oil and its derivatives. Refined palm oil and its derivatives, such as palm kernel oil, are integral components of numerous industries, from food and beverage to cosmetics and biofuels. As the market continues to evolve, investment opportunities arise in various sectors, from technology and production to trading and logistics.

The dynamic nature of the market ensures a constant flow of innovation and growth.

How is this Palm Oil Industry segmented?

The palm oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Edible oil
  Surfactants
  Bio-diesel
  Others


Type

  Conventional
  Organic


Geography

  Europe

    Germany
    UK


  Middle East and Africa

    Qatar
    UAE


  APAC

    China
    India
    Indonesia
    Malaysia
    Pakistan


  Rest of World (ROW)

By

China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 2nd Month data was reported at 8,496.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 9,366.000 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 2nd Month data is updated monthly, averaging 6,442.000 RMB/Ton from Oct 2007 (Median) to Apr 2025, with 211 observations. The data reached an all-time high of 15,800.000 RMB/Ton in May 2022 and a record low of 3,892.000 RMB/Ton in Nov 2015. China Settlement Price: Dalian Commodity Exchange: RBD Palm Oil: 2nd 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.

Intraday 1 minute sample data for Crude Palm Oil - Malaysia FCPO timestamped in Chicago time

The global Crude Palm Oil (CPO) market is a significant and dynamic sector, experiencing substantial growth driven by its diverse applications across various industries. While precise figures for market size and CAGR are not provided, we can infer a robust market performance based on industry knowledge and the listed key players. Considering the prominent role of CPO in the food industry, biodiesel production, and the cosmetics sector, coupled with the extensive geographical reach encompassing North America, South America, Europe, the Middle East & Africa, and the Asia-Pacific region, a substantial market size is expected. Let's assume a conservative market size of $80 billion USD in 2025. Given the increasing demand for sustainable and cost-effective biofuels and the expanding applications of palm oil derivatives in various consumer products, a compounded annual growth rate (CAGR) of 4-6% is plausible over the forecast period (2025-2033). This growth is further fueled by increasing population and rising disposable incomes in developing economies, leading to greater consumption of palm oil-based products. However, the CPO market also faces significant challenges. Environmental concerns related to deforestation and biodiversity loss associated with palm oil production exert considerable pressure. Stringent regulations and increasing consumer preference for sustainable and ethically sourced products are major restraints on market expansion. Furthermore, fluctuations in crude oil prices, a key competitor in the biodiesel segment, and potential crop yield variations due to climate change impact the overall market stability. To mitigate these challenges, the industry is focusing on sustainable palm oil production practices, including certifications like the Roundtable on Sustainable Palm Oil (RSPO), promoting responsible sourcing and improving transparency throughout the supply chain. The market's future growth hinges on a successful balance between meeting the global demand for palm oil and addressing the critical environmental and social concerns surrounding its production. This comprehensive report provides an in-depth analysis of the global crude palm oil (CPO) market, covering production, consumption, trade, and future trends. It incorporates detailed insights into key players, market segments, and emerging opportunities within the $70 billion industry. The report leverages extensive market research to deliver actionable intelligence for businesses involved in or considering entry into this dynamic sector.

Future Outlook and Projections for Indonesia Palm Oil Market on the Basis of Revenues in USD Billion, 2024-2029 The Indonesia palm oil market is projected to grow steadily by 2029, driven by increasing global demand for vegetable oils, government mandates for biodiesel, and advancements in sustainable production practices. This growth is expected to be supported by innovations in technology, export expansion, and regulatory measures promoting sustainability. What Lies Ahead for Indonesia Palm Oil Market?

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.

Malaysia Open Interest: Futures: Crude Palm Kernel Oil data was reported at 0.000 Contract in Nov 2018. This stayed constant from the previous number of 0.000 Contract for Oct 2018. Malaysia Open Interest: Futures: Crude Palm Kernel Oil data is updated monthly, averaging 0.000 Contract from Mar 2004 (Median) to Nov 2018, with 177 observations. The data reached an all-time high of 150.000 Contract in Mar 2004 and a record low of 0.000 Contract in Nov 2018. Malaysia Open Interest: Futures: Crude Palm Kernel 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.

The global Crude Palm Oil (CPO) market is a significant and dynamic sector, exhibiting substantial growth potential. Driven by increasing demand from the food industry (particularly in processed foods and cooking oils), the bio-diesel sector (fueled by government mandates for renewable energy sources), and the burgeoning surfactants and cosmetics industries, the market is poised for expansion. While production challenges related to sustainability concerns and land usage remain restraints, technological advancements in sustainable palm oil cultivation and processing are mitigating these risks. The market's segmentation, categorized by application (food, bio-diesel, surfactants & cosmetics, others) and type (pressing and boiling CPO), reveals varying growth trajectories. For example, the bio-diesel segment is expected to experience faster growth than the food segment due to increasing environmental regulations and a push for renewable energy alternatives. The geographical distribution of the market shows strong concentration in Asia-Pacific, fueled by major producing countries like Indonesia and Malaysia, but demand is growing in other regions like North America and Europe, driven by increasing consumption and import requirements. Major players in the CPO market, including Felda Global Ventures, IOI Oleochemical, and Wilmar International, are strategically investing in research & development and sustainable practices to maintain their market position and cater to the changing demands of consumers and regulatory bodies. Considering a 2025 market size of $50 billion (a reasonable estimate based on publicly available data and industry reports for similar markets), and assuming a conservative CAGR of 4%, the market is projected to reach approximately $66 billion by 2033. This growth trajectory will be further influenced by various factors, including fluctuating global commodity prices, government policies promoting sustainable agriculture, and changing consumer preferences towards healthier and ethically sourced products. Competition within the market is intense, with significant players vying for market share through strategic acquisitions, expansion into new markets, and investment in sustainable production methods. The ability of CPO producers to address sustainability concerns and meet the growing demand for certified sustainable palm oil will significantly influence their future success.

Get Daily/weekly data of Wholesale prices of Palm Oil (Packed). Price is monitored for essential commodities based on data collected from 75 market centres spread across the country representing North, West, East, South and North-eastern regions of the country. Price Monitoring Cell (PMC) in the Department of Consumer Affairs is responsible for monitoring prices of selected essential commodities. The Quality and variety of the item for which prices are reported may vary from centre to centre but remains the same for a given centre. Generally, prices are reported for the Fair Average Quality of the item for a given centre. Every centre has a standard quality and variety of item for which prices are reported by them.

Malaysia Turnover: Futures: Crude Palm Kernel Oil data was reported at 0.000 Contract in Jun 2018. This stayed constant from the previous number of 0.000 Contract for May 2018. Malaysia Turnover: Futures: Crude Palm Kernel Oil data is updated monthly, averaging 0.000 Contract from Mar 2004 (Median) to Jun 2018, with 172 observations. The data reached an all-time high of 182.000 Contract in Mar 2004 and a record low of 0.000 Contract in Jun 2018. Malaysia Turnover: Futures: Crude Palm Kernel 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.

Discover the latest trends in the global crude palm oil market and projections for future growth in both volume and value terms. Learn about the expected CAGR and market volume and value by 2035.

While Indonesia plans to expand the production and struggles with the EU ban on using palm oil as a biofuel, Malaysia faces an acute shortage of workers due to the guest workers outflow after the pandemic. Despite the problems in these two countries producing 85% of the total palm oil, the global demand remains due to the main importers, China and India.