- RBD palm olein prices remained firm during Q2 2026 as supply concerns, biodiesel demand and higher production costs supported market sentiment.
- Feedstock conditions stayed tight due to weather risks, elevated fertilizer expenses and stronger domestic consumption in key producing countries.
- Food and oleochemical demand remained steady, although competition from alternative vegetable oils limited stronger gains in some importing markets.
Asia
RBD Palm Olein was priced at about USD 1,158/MT in Malaysia in June 2026, while in China the price was quoted at roughly USD 1,168/MT. In Q2’26, Asian market conditions remained firm as Southeast Asian supply risks and higher production expenses supported replacement costs. Palm oil availability faced pressure from El Niño-related dryness, while Indonesian crude output was expected to decline. Indonesia’s B50 biodiesel mandate also absorbed more domestic material, tightening volumes available for export. Malaysia remained a major supplier, while Chinese buyers continued to monitor regional availability and competing edible-oil costs. Gains were limited by softer import demand from India and substitution toward soybean and sunflower oil when relative values became more attractive.
Europe
RBD Palm Olein reached around USD 1,251/MT in Germany in June 2026. European prices remained supported by import dependence, freight costs and steady demand from food processing and industrial applications. Palm oil feedstock costs stayed firm during much of the quarter as Southeast Asian supply concerns filtered into European replacement values. Biofuel-related consumption also provided underlying support, although weaker edible-oil demand and competition from rapeseed and sunflower oil restricted stronger increases. Buyers maintained controlled inventories and focused mainly on near-term requirements, which kept the market firm without creating aggressive restocking pressure.
North America
North American RBD palm olein markets remained comparatively stable to firm during Q2 2026. Palm oil costs were supported by steady food, personal-care and oleochemical demand, while imported supply remained sensitive to freight and Southeast Asian origin conditions. However, soybean oil remained more competitive for biofuel blending, limiting demand growth from renewable-fuel applications. Buyers avoided carrying excessive inventories as supply remained adequate, keeping price movement contained despite firmer upstream costs.