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.

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.

In Q1 2025, the palm oil market in North America experienced steady demand amidst constrained supply from local producers, which created upward price pressures. Market sentiment reflected cautious optimism due to potential export restrictions and regulatory shifts in key producing countries, which could lead to tighter availability. Furthermore, shifts in the production of competing vegetable oils and fluctuations in currency exchange rates influenced import costs, adding complexity to market dynamics.

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.

Global Palm Oil Prices: 35 years of historical data from 1990 to 2025.

Graph and download economic data for Global price of Palm Oil (PPOILUSDQ) from Q1 1990 to Q1 2025 about oil, World, food, and price.

Nigeria Commodity Price: Palm Oil data was reported at 873.670 USD/Metric Ton in Jun 2024. This records an increase from the previous number of 859.150 USD/Metric Ton for May 2024. Nigeria Commodity Price: Palm Oil data is updated monthly, averaging 762.830 USD/Metric Ton from Jan 2009 (Median) to Jun 2024, with 186 observations. The data reached an all-time high of 1,776.960 USD/Metric Ton in Mar 2022 and a record low of 483.490 USD/Metric Ton in Sep 2015. Nigeria Commodity Price: Palm Oil data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P001: Commodity Prices.

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

In Q1 2025, the Palm Kernel Oil (PKO) market in North America experienced a gradual transition from initial supply constraints to a more balanced environment. At the beginning of the quarter, low inventory levels and limited shipments from major producing nations created upward pressure on prices. However, as the quarter progressed, revised production forecasts from key exporters like Malaysia and Indonesia eased earlier concerns. The improved supply outlook helped stabilize the market, while demand-side factors remained sluggish, leading to a generally soft pricing environment.

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

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

In 2023, the farm gate price of oil palm in Thailand was around 5.29 Thai baht per kilogram, decreasing from the previous year. In that same year, the production value of oil palm in the country was approximately 96.26 billion Thai baht.

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

Retail Price: DCA: Daily: Palm Oil: Assam data was reported at 142.060 INR/kg in 12 May 2025. This records a decrease from the previous number of 144.170 INR/kg for 11 May 2025. Retail Price: DCA: Daily: Palm Oil: Assam data is updated daily, averaging 121.150 INR/kg from Oct 2020 (Median) to 12 May 2025, with 1483 observations. The data reached an all-time high of 162.000 INR/kg in 11 Jul 2022 and a record low of 95.000 INR/kg in 04 Nov 2020. Retail Price: DCA: Daily: Palm Oil: Assam data remains active status in CEIC and is reported by Department of Consumer Affairs. The data is categorized under India Premium Database’s Price – Table IN.PC059: Retail Price: Department of Consumer Affairs: Agriculture Commodities: Daily: by States: Palm Oil.

The database holds historical/monthly prices of palm oil and palm kernel oil, expressed in US$ per metric ton. Whenever available, data are organized based on world as well as domestic price.

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 global palm oil market expanded rapidly to $91.1B in 2024, surging by 15% against the previous year. In general, consumption enjoyed pronounced growth. Over the period under review, the global market hit record highs at $98.4B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

In June 2024, the average price for palm stearin was 33.13 Thai baht per kilogram. The lowest average price for this type of fuel was reached in September 2023. Due to its large content of saturated fatty acids and high melting point, palm oil stearin is a widely used feedstock for biodiesel.

Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data was reported at 1,070.597 USD/Metric Ton in Feb 2025. This records an increase from the previous number of 1,039.440 USD/Metric Ton for Jan 2025. Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data is updated monthly, averaging 678.477 USD/Metric Ton from Jan 2014 (Median) to Feb 2025, with 134 observations. The data reached an all-time high of 1,652.529 USD/Metric Ton in Mar 2022 and a record low of 435.238 USD/Metric Ton in Nov 2018. Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Monetary – Table ID.KAI002: Financial System Statistics: Macroeconomic Indicator.

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