Palm oil price today
Palm oil is one of the most widely traded and versatile vegetable oils in the world, essential to food, cosmetics, and biofuel industries. The palm oil price is influenced by dynamic global conditions across major producing and consuming regions. Expana provides benchmark pricing across 25 key locations and contract types. With daily price assessments, derivatives coverage and price forecasts, Expana helps you track trends and make informed sourcing decisions.
Expana – the global leader in palm oil prices and market intelligence
Expana provides trusted benchmark pricing for palm oil across key global trade hubs, including CIF Rotterdam, FOB Malaysia, and FOB Indonesia. With 25 Expana Benchmark Prices (EBPs) and daily price assessments, our coverage spans the core of the global palm oil trade, delivering transparency in a market shaped by fast-moving weather, policy, and demand shifts.
We track multiple grades and derivatives – such as crude palm oil (CPO), refined palm oil, palm kernel oil, and certified sustainable variations like SGPO and MBPO – across food, biofuel, and industrial use cases. Our insights are further enriched by pre- and post-MPOB reporting, a critical reference for industry players monitoring Malaysia’s production and stock data.
Our palm oil market intelligence includes:
- daily benchmark pricing for CPO, kernel oil, refined fractions, and certified grades
- forecast modules integrating macroeconomic, seasonal, and fundamental analysis
- coverage of derivatives and trade flows across Asia, Europe, and global import markets
- weekly vegetable oil reports and post-MPOB analysis to contextualize shifts
- historic pricing and charting tools for tracking seasonality and volatility
- real-time updates on policy changes, weather disruptions, and competing oil movements
Expana also enables cost modeling for a wide range of palm oil–based finished products – from basic cooking oil to industrial soaps and biodiesel – helping you monitor COGS and assess substitution impacts within the broader vegetable oil complex.
Looking for full insights on the palm oil market? Get a demo today.
Unbiased and independent insights and analysis for the palm oil industry
Trusted data and insights, backed by experts
With Expana, you can trust that our data has been thoroughly vetted by top market analysts to ensure it is both accurate and reliable.
Our palm oil price forecasting methodology
Expana’s palm oil price forecasts are built on a comprehensive methodology that reflects the complexity of the global vegetable oil market. We combine macroeconomic, fundamental, and technical analysis to deliver reliable forward-looking insights.
- Macroeconomic analysis includes indicators such as global inflation, energy prices, currency movements (especially the Malaysian ringgit and Indonesian rupiah), and broader commodity trends that impact palm oil trade and consumption.
- Technical analysis applies tools like moving averages, RSI, and momentum indicators to identify market direction and support timing-based decision-making.
- Fundamental analysis focuses on weather events like El Niño, monthly MPOB reports, stock levels, production and export data, and shifts in biofuel mandates – especially in key producers like Indonesia and Malaysia. It also considers competition from other oils in the vegetable oil complex.
This layered approach ensures that our palm oil forecasts are timely, data-driven, and actionable – empowering market participants to anticipate price movements, plan procurement, and mitigate risk.
Use cases
Sam Pearl
Former Senior Buying Manager, Tesco
Efficiency
Save time and improve productivity with our actionable insights.
Cost control
Navigate market challenges and maximize long-term success.
Profitability
Utilize our data, market fundamentals, and forecasting expertise to gain a financial edge.
Risk mitigation
Manage risks proactively and minimize your exposure to price fluctuations.
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across the palm oil industry, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.
Palm Oil Market FAQs
Palm oil prices are shaped by:
- weather (especially El Niño)
- biofuel policies (notably in Indonesia)
- labor availability
- export regulations
- trends in related vegetable oils like soybean, sunflower, and rapeseed.
- sustainability standards and currency movements
Palm oil is used in a wide range of products – from cooking oils, margarine, and baked goods to soaps, shampoos, cosmetics, and biodiesel. Its versatility and low cost make it one of the most widely used vegetable oils globally.
Yes. Expana provides forecast modules that incorporate macroeconomic trends, production data, MPOB reporting, and technical indicators to help anticipate market movements.
Expana tracks a broad range of palm oil derivatives, including:
- crude palm oil (CPO)
- refined palm oil
- palm kernel oil
- speciality grades such as SGPO (segregated certified sustainable) and MBPO (mass balance certified sustainable).
The Malaysian Palm Oil Board (MPOB) report is a key monthly industry release that provides updated data on production, exports, and stock levels in Malaysia – one of the largest global producers. Expana provides post- and pre-report analysis to help clients react quickly to market shifts.