Asia
RBD Palm Olein prices across Asian markets followed a broadly mixed trajectory during the second half of 2025, with the first half of the period characterised by gradual appreciation and the latter portion marked by a sustained correction. In Chinese markets, prices climbed steadily through the third quarter, supported by tighter-than-expected output from key Southeast Asian producing countries and a seasonal pickup in consumption demand. Festive buying activity across South Asian markets, particularly in India, added further momentum as palm oil imports rose to elevated levels during this period. As the fourth quarter progressed, production from Malaysian and Indonesian origins recovered seasonally, creating oversupply conditions that progressively weighed on regional pricing. Indian markets mirrored this trend, with refiners adjusting procurement strategies in response to shifting price differentials between palm olein and competing vegetable oils.
Europe
European RBD Palm Olein markets tracked broader global price trends through H2 2025, with upward movement in the third quarter giving way to a softer tone as the year progressed. Supply from Southeast Asian origins remained accessible, and buyers across food manufacturing and industrial applications benefited from gradually improving availability. Competitive pricing from alternative vegetable oils, including soybean and sunflower oil, influenced procurement decisions throughout the period, with some refiners adjusting blend formulations in response to evolving cost structures. Demand from food processing sectors remained relatively steady, while industrial consumption, including biodiesel feedstock applications, maintained baseline levels without notable variation.
North America
North American markets experienced relatively contained price movements during H2 2025 compared to other regions. Third-quarter strength in global palm markets translated into modest import value increases, though the response was more tempered given the diversified sourcing strategies employed by regional refiners. Supply contributions from Latin American origins, particularly Colombia and Guatemala, provided additional flexibility in procurement. As the fourth quarter advanced and global supply conditions eased, import values softened in line with international trends, with food manufacturing and biofuel sectors benefiting from improved pricing compared to earlier in the year.