RBD Palm Oil Price Trend and Forecast

RBD Palm Oil Regional Price Overview

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).


RBD Palm Oil Price Trend for the Second Half of 2023

RBD palm oil has less trans-fat and is gaining customer preferences as they look for healthier cooking oils in 2023. The market demand was further influenced by the rise in its popularity in a variety of food applications, including baking and frying. The growth in the market was also fueled by rising demand from the food processing sector and the growing usage of palm oil in non-food industries like biodiesel and cosmetics.

RBD Palm Oil Price Chart

RBD Palm Oil Price Trends

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In the later months of 2023, global edible oil prices experienced a significant decrease, offering relief to consumers however, alleviating food inflation concerns amid traders and manufacturers. In the earlier months of H2 of 2023, the limited availability of the product in the market and robust demand led to an incline in the RBD Palm oil prices gradually. The prices of edible oils dropped by varying percentages particularly in the end months of the year after stumbling during most of the year.

The decline was attributed to the global cooling of edible oil prices, prompting increased imports in India, particularly due to lower import duties on different types of crude oils. This surge in imports raised the stockpiles in the Indian market, ensuring a sustained supply over an extended period. The Asian market analysts anticipate that edible oil prices will remain stable over the next 3-6 months, driven by steady global supply and potential domestic interventions to manage prices.

Analyst Insight

According to Procurement Resource, the price of RBD Palm Oil is estimated to attain stagnancy in the upcoming quarters as the demand and supply sectors of the market are expected to attain an equilibrium.

RBD Palm Oil Price Trend for the First Half of 2023

RBD Palm Oil is a more refined and processed version of Palm Oil, so the price trend for RBD Palm Oil closely mimic the price trend for Palm Oil. Asia, especially countries like Indonesia, exports the majority of RBD Palm Oil to the world. So, the global RBD Palm Oil price trend are influenced substantially by the market trend in the Asian market.

RBD Palm Oil observed mixed price trend throughout the first half of 2023. As Indonesia tried to promote exports, the export tariffs were eased, bringing down the overall upstream costs, and freight normalization also contributed to the trend. So, Q1 experienced low swinging price trend. But exports were constricted a little in the second quarter to stabilize the domestic market, so little upward push was seen. However, the market fluctuations were in a very narrow range, so the overall market sentiments remained dull throughout.

Analyst Insight

According to Procurement Resource, the RBD Palm Oil prices are expected to continue oscillating in the upcoming months owing to the current trading atmosphere amid uncertain demand and rising inflation rates.

Procurement Resource provides latest prices of RBD Palm Oil. 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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About RBD Palm Oil

RBD Palm Oil stands for refined bleached deodourised palm oil. Palm oil refinery plants, in general, carry out physical refining, which involves three steps refining, bleaching (decolourisation) and deodourisation. These RBD Palm Oil have huge demand in the market due to its high quality as well as high durability. It is further used to produce RBD palm olein by carrying out fractionation.

RBD Palm Oil Product Details

Report Features Details
Product Name RBD Palm Oil
Industrial Uses Margarine and spreads, Ice-cream, Frying and cooking oils, Fatty acids, Soaps and cosmetics, Fuel, Emulsifiers
Supplier Database AMG International Ltd, Usha Edible Oil International Pte,Ltd, Sime Darby Plantation Berhad, IOI Corporation Berhad, Musim Mas Holdings Pt. Ltd, Farmimex (H.Y. Hammad Yousuf Companies)
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.

RBD Palm Oil Production Processes

  • Production of RBD Palm Oil from Crude Palm Oil via Processing.

The RBD palm oil extraction process initially requires palm oil from the flesh of the fruit. After the extraction of crude palm oil from the palm fruit, it is processed at mills, which is further refined and deodourised to finally obtain RBD Palm Oil.


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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