Expana has launched additional Indian Palm Oil Expana Benchmark Prices

Expana has launched weekly Expana Benchmark Prices (EBP) for Palm Olein CFR India.  

The initial proposal was announced in a market note published on Thursday, May 22, 2025, which can be viewed here. The decision to go ahead with the launch was communicated in a market note on Monday, June 9, 2025, which can be viewed here. 

The specification for the assessment is as below: 

Assessment Name	Series Code	Quality	Incoterm	Quantity	Currency	Unit	Publication Schedule
Palm Olein CFR India	POCR	Crude palm olein; 5% max FFA (as Palmitic); 0.25% max moisture and impurities, Any origin, Expana Benchmark Prices (EBP)	CFR India	500 mt	USD	MT	EMEA, Weekly, Thursday

 

The assessment reflects the transactable value at 16:00:00 London time.  

Palm oil and its derivative products, including palm olein, are among the most widely used vegetable oils globally, with India being a major consumer, accounting for approximately 12% of global palm oil consumption. Palm olein is primarily used in the food industry but also serves non-food purposes, such as its usage as a biodiesel feedstock and in the cosmetics industry. This assessment complements Expana’s comprehensive palm oil coverage, providing additional granularity and information for the global palm oil markets.  

Please send any questions or comments about this market note to [email protected], clearly state which market note your comments relate to, and if comments are intended for publication by Expana. 

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