| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Palm Oil | USA | CIF | USD 1,236.60/MT | May 2026 |
| Palm Oil | India | CIF | USD 1,235.36/MT | May 2026 |
| Palm Oil | Netherlands | CIF | USD 1,255.02/MT | May 2026 |
| Palm Oil | China | CIF | USD 1,193.96/MT | May 2026 |
| Palm Oil | Malaysia | FOB | USD 1,175.23/MT | May 2026 |
| Palm Oil | USA | CIF | USD 1228/MT | April 2026 |
| Palm Oil | India | CIF | USD 1179/MT | April 2026 |
| Palm Oil | Netherlands | CIF | USD 1,228/MT | April 2026 |
| Palm Oil | China | CIF | USD 1,174.00/MT | April 2026 |
| Palm Oil | Malaysia | FOB | USD 1,159.00/MT | April 2026 |
Stay updated with the latest palm oil prices, historical data, and tailored regional analysis
Asia
Palm oil prices in Asia maintained a consistent upward trend through Q1 2026 driven by combination of tightening crude palm oil feedstock supply from major producing origins and progressively improving demand conditions across key consuming markets. In China, price gains were primarily driven by firm food-sector procurement activity and routine restocking cycles, as buyers moved to replenish inventories amid concerns over sustained feedstock tightness.
Import demand remained well-supported through the quarter as market participants tracked global supply developments closely. In India, palm oil's competitive pricing advantage within the broader vegetable oils complex continued to attract consistent import-side buying, with edible oil demand remaining structurally firm across domestic consumption channels. Firm market sentiment and limited spot availability further reinforced the upward price direction across the region through the quarter.
Europe
Palm oil prices in Europe followed a stable-to-firm trend throughout Q1 2026, with regional market direction remaining closely aligned with evolving supply conditions in major crude palm oil exporting countries. Tightening feedstock availability at the origin level filtered through to European import markets, sustaining a broadly supportive pricing environment. Demand from the food processing and biofuel segments remained steady, providing consistent offtake that underpinned market sentiment.
North America
Palm oil prices in North America moved upward through the quarter, tracking gains in the broader vegetable oils complex and reflecting the influence of global supply-side tightness on regional import markets. Reduced crude palm oil output from key producing origins continued to limit available supply, sustaining firm pricing conditions across the region. Demand from food manufacturers and industrial end-users remained stable, providing a reliable base of offtake support throughout the period.
Analyst Insight
According to Procurement Resource, palm oil prices are expected to stay firm if crude palm oil feedstock supply remains constrained; however, any notable recovery in production output from key origins could cap further price gains into Q2 2026.
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Asia
In Q4’25, the palm oil price graph witnessed considerable fluctuations in Asia, influenced by strong production levels across key Southeast Asian origins. Malaysian palm oil output remained at elevated levels throughout the period, with harvesting activities benefiting from favourable weather conditions and mature plantation yields.
Indonesian production similarly expanded as growing conditions supported substantial palm fruit harvests, contributing to increased processing volumes across the archipelago. Market sentiment shifted as the quarter advanced, with values declining progressively during the closing weeks when seasonal supply expansion from major producing nations exceeded immediate absorption capacity.
Demand from traditional importing markets demonstrated variability, as Chinese buyers adjusted procurement timing based on domestic inventory positions and refined product requirements. Overall, the downward movement resulted from supply-demand mismatch as production growth exceeded consumption increases, resulting in inventory buildup across primary producing territories.
Europe
European palm oil markets followed Asian pricing patterns while incorporating regional regulatory considerations affecting tropical oil imports. Implementation uncertainties surrounding the EU Deforestation Regulation generated market differentiation, with compliant material attracting notable premiums relative to standard supplies.
Rotterdam continued functioning as an important distribution point for palm oil derivatives, although overall trading activity remained subdued compared to historical benchmarks. Values tracked the weakening observed at origin markets as substantial shipments from Malaysia and Indonesia arrived at European ports.
Industrial demand from food processing and oleochemical sectors maintained consistent levels, though typical seasonal moderation during colder months tempered consumption growth. Regulatory compliance considerations shaped buyer behaviour as market participants prepared for future enforcement while addressing current supply needs.
North America
North American markets experienced similar pricing weakness as import costs declined during the quarter. Refiners and end-users modified sourcing approaches based on expectations of continued global supply abundance from Southeast Asian exporters. The softening followed earlier quarterly firmness associated with seasonal pre-festive period procurement, with December witnessing relief from prior upward momentum.
Food manufacturing, industrial applications, and renewable diesel production maintained steady baseline demand, though purchasers exhibited heightened price awareness as international benchmarks eased. Import patterns adjusted as plentiful supply availability from Malaysia and Indonesia presented advantageous pricing opportunities.
Palm oil is a versatile and widely used vegetable oil derived from the fruit of the oil palm tree. It is commonly found in food products like margarine, snacks, and baked goods, as well as in non-food items such as cosmetics, detergents, and biodiesel. Palm oil is valued for its high yield compared to other vegetable oils, making it an economically significant crop. However, its production has raised environmental concerns, particularly regarding deforestation and habitat destruction in tropical regions.
Wilmar International Ltd, Sime Darby Plantation Berhad, IOI Corporation Berhad, Kuala Lumpur Kepong Berhad, United Plantations Berhad, Kulim (Malaysia) Berhad.
CurrencyUS$ (Data can also be provided in local currency)
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Palm oil has numerous industrial uses beyond the food sector. It is commonly found in cosmetics, soaps, detergents, and toiletries due to its ability to enhance texture and prolong shelf life. In addition, palm oil is used in biodiesel production as a renewable energy source. It also serves as a key ingredient in the manufacturing of lubricants, candles, and pharmaceuticals. Its high yield and versatile properties make palm oil an essential resource for various industries, though environmental concerns surround its production.
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