Palm Stearin Price Trend and Forecast

Regional Price Overview

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).

Palm Stearin Price Trend for the Second Half of 2023

Palm stearin is the solid fractionation product of palm oil, which is rich in fatty acids. And since it is directly sourced from palm oil, the price trends for both are very closely aligned with each other. During the second half of the year 2023, palm stearin prices were observed to be oscillating throughout the entire span. The market behavior was more positive during the third quarter than the fourth.

Palm Stearin Price Chart

Palm Stearin Price Trends

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The various geopolitical disturbances as the wars opened at two fronts in Europe and the Gulf hurdled the global trade movements. Owing to this, international orders took a backseat, and the suppliers had to briefly depend on the domestic markets only. This created some bumps in the price trajectory of palm stearin around the latter months of Q4. However, the overall market performance was still largely stable.

Analyst Insight

According to Procurement Resource, Palm Stearin price trends are expected to continue wavering in the coming months; the prices are likely to follow along a similar trajectory.

Palm Stearin Price Trend for the First Half of 2023

Palm stearin prices continued to fall in the first half of the year 2023 as well. At first, the market exhibited bearish sentiments in January because of little to no demands from the downstream sector. But as the quarter end approached the situation improved a little owing to some movement in palm stearin inventories. However, the price trends again turned south in the second quarter.

A normalization in fuel and energy prices reduced the operational costs and transportation costs as well, which further contributed to the muted market sentiments, taking away the upstream cost support.

Analyst Insight

According to Procurement Resource, the price trends for Palm Stearin don’t seem to be improving anytime soon, given the current pricing fundamentals and market dynamics.

Palm Stearin Price Trend for the Second Half of 2022

Palm stearin is the triglyceride obtained from palm oil, so the prices largely depend on the palm oil price trends. During the second half of the year 2022, palm stearin prices fell for the entire time.

Demand from the downstream soap, chemical, and trans-free fat industries was on a decline, and a strong depreciation in upstream cost support from feedstock palm oil further pushed the palm stearin prices down. The leading palm oil exporter, Indonesia, reduced its export taxes, which fundamentally led to the dampened palm stearin price trends.

Analyst Insight

According to Procurement Resource, with the given excess of supplies, the Palm Stearin price trends do not seem to be improving anytime soon.

Palm Stearin Price Trend for the First Half of 2022

With the absence of exports from the two key oilseed players - Russia and Ukraine, the prices of oilseeds and oil soared globally. Hence, the entire pressure trickled down on the soybean and palm oil causing their prices to inflate further.

The expensive trade logistics, and adverse weather conditions in Malaysia(floods) and Latin America (droughts) caused the price trend for palm oil to strengthen globally. The price of Bursa Malaysia derivative palm oil peaked at 1942 USD/MT during the said period. With the export ban by the Indonesian government, the supply lines were strained further.

The prices stabilized towards the end of the second quarter averaging 1554.50 USD/MT as the global trade logistics relaxed. Thus, owing to the inflated prices of feedstock palm oil, the price of its derivative palm stearin suffered. The price trend of palm stearin surged during the first quarter and then stabilized towards the end of the second quarter because of the above-cited reasons.

Procurement Resource provides latest prices of Palm Stearin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Palm Stearin, a known triglyceride, is a solid fraction from the fractionation of palm oil. In general, Palm Stearin is a glycerol backbone that is known to be linked to 3 fatty acids by ester bonds. It is recognised by a high proportion of palmitic acid and oleic acid. It is widely used as a natural hard stock for making trans-free fats.

Product Details

Report Features Details
Product Name Palm Stearin
Industrial Uses Oleochemicals, Production of specialty fats , Soaps, Animal feeds, Palm mid fractions (PMF), Margarine fats, Shortenings, Vanaspati
Supplier Database Wilmar International Ltd, Cailà & Parés SA, Cargill Incorporated
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Production of Palm Stearin from Palm Oil via Fractionation

Palm Stearin is derived from palm oil. In this process, obtained palm oil is subjected to a fractionation to finally obtain Palm Stearin.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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