RBD Palm Olein Price Trend and Forecast

Regional Price Overview

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

RBD Palm Olein Price Trend for First Half of 2023


The first quarter of 2023 witnessed a decline in the prices of RBD palm olein due to a lack of cost support from the bleak trading sentiments and a lack of demand from the domestic sector.

In the second half of this quarter, the trend gained momentum, and prices inclined as end-user industries showcased a positive growth rate. The prices continued to surge till the middle of the second quarter, after which they fell steeply as the demand for cooking oil and its derivatives declined in major RBD palm olein-producing nations.


The consumers in European countries had less faith in the RBD palm olein market, which was evident in their low appetite in the first quarter of 2023. The stock of RBD palm olein was already abundant in the European markets, and further influx from Asian countries only raised the level of inventories. However, the initial months of the second quarter showcased signs of improvement in the RBD palm olein price trend.

The surge in the prices was supported by increased demand for edible oils and overall consumption rates, but the availability of cheap imports and high domestic inventories proved to be a challenge for the RBD palm olein prices in this quarter.

North America

The RBD palm olein prices in North America suffered from weak procurement rates, excess stockpiles, and weak trading sentiments in the initial phase of the first quarter. However, unlike European and Asia-Pacific markets, the prices of RBD palm olein in North America inclined in the second quarter of 2023 mainly because of the ban imposed on imports from major RBD palm olein exporting nations. This ban helped in reducing the level of inventories and, thus, positively influenced the rise in prices of RBD palm olein.

Analyst Insight

According to Procurement Resource, the price trend of RBD Palm Olein is expected to fluctuate in the upcoming months as the demand from downstream industries seems to vary from place to place, and volatility in the consumption rates of consumers also presents a challenge for RBD palm olein market.

Procurement Resource provides latest prices of RBD Palm Olein. 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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RBD Palm Olein (RBD- refined, bleached and deodourised) is the liquid fraction derived by the fractionation of palm oil after crystallisation at controlled temperatures. It is particularly suitable for frying and cooking. RBD Palm Olein is cholesterol-free that contains vitamin D and E.

Product Details

Report Features Details
Product Name RBD Palm Olein
Industrial Uses Salad and cooking oils in households, Industrial frying, Potato chips, Doughnuts
Supplier Database Wilmar International Ltd, Cargill, Incorporated, Bunge Limited, Archer Daniels Midland Company, IOI Corporation Bhd
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 Processes

  • Production of RBD Palm Olein via Industrial Extraction Process.

It is obtained from palm oil  (Elaeis guineensis), after a process of refining, bleaching as well as deodourising, resulting in the formation of palm oil categorised as RBD.


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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