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Palm Oil Price in the Philippines - 2023. Find the latest marketing data on the IndexBox platform.
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Palm Oil rose to 4,134 MYR/T on December 2, 2025, up 1.00% from the previous day. Over the past month, Palm Oil's price has risen 0.46%, but it is still 18.56% lower than a year ago, 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 December of 2025.
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The average crude palm oil export price stood at $1,196 per ton in January 2025, with an increase of 24% against the previous month.
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In January 2025, the average refined palm oil import price amounted to $1,102 per ton, with an increase of 8.8% against the previous month.
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The Philippine refined palm oil market soared to $1B in 2024, growing by 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted prominent growth. As a result, consumption attained the peak level of $1.1B. From 2023 to 2024, the growth of the market remained at a lower figure.
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After two years of decline, the Philippine palm kernel oil market increased by 64% to $38M in 2024. In general, consumption, however, showed a noticeable curtailment. Palm kernel oil consumption peaked at $184M in 2016; however, from 2017 to 2024, consumption stood at a somewhat lower figure.
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396 Global export shipment records of Palm Crude Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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The revenue of the palm fruit oil market in the Philippines amounted to $X in 2017, growing by X% against the previous year. Overall, palm fruit oil consumption continues to indicate an outstanding growth. The growth pace was the most rapid in 2014, when it surged by X% year-to-year.
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Asia-Pacific's refined palm oil market is forecast to grow to 55M tons and $63.5B by 2035. China is the dominant consumer, while Indonesia and Malaysia lead production. The Philippines shows the fastest import growth.
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1638 Global import shipment records of Palm Olein In Bulk with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
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Statistics illustrates consumption, production, prices, and trade of Palm Kernel Oil in the Philippines from 2007 to 2024.
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The price of crude coconut oil is influenced by factors such as supply and demand dynamics, weather conditions, production levels, global market trends, and economic factors. Substitute oils like palm oil and soybean oil also impact the demand. Major coconut oil producers are countries in tropical regions like the Philippines, Indonesia, and India. Coconut crop yield, weather phenomena, disease outbreaks, and the global economic environment affect the price. Market demand, culinary applications, industrial
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Oil extraction rate as affected by treatments.
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The rate of GML, MRSG and kieserite applied in the research plots.
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Palm Oil Price in the Philippines - 2023. Find the latest marketing data on the IndexBox platform.