For the Quarter Ending June 2026
Palm Oil Prices in North America
- In the USA, the Palm Oil Price Index rose by 7.19% quarter-over-quarter, driven by freight tightness.
- The average Palm Oil price for the quarter was approximately USD 1296.33/MT based on CFR Houston assessments.
- Palm Oil Spot Price oscillated amid volatile freight and soybean oil competition, moderating importer purchases.
- Palm Oil Price Forecast signals near-term strength as biodiesel demand and freight sustain landed costs.
- Palm Oil Production Cost Trend shows upward pressure from higher bunker fuel and labor costs.
- Palm Oil Demand Outlook remains constructive for food and renewable diesel sectors despite occasional substitution.
- Palm Oil Price Index volatility reflected export controls, inventory shifts, and Gulf Coast tank dynamics.
- Export availability from Indonesia and Malaysia and U.S. inventory draws influenced trader sentiment and scheduling.
Why did the price of Palm Oil change in June 2026 in North America?
- Indonesia export controls and permit delays reduced available cargoes, tightening supply into the U.S. Gulf markets.
- Improved harvests in Southeast Asia and softer soybean oil dampened palm demand, weighing on short-term prices.
- Freight and insurance premia rose after geopolitical tensions, increasing landed costs and supporting occasional price resilience.
Canada
- In Canada, the Palm Oil Price Index rose by 5.876% quarter-over-quarter, driven by currency weakening.
- Palm Oil Spot Price showed volatility as Asian export offers and Canadian CIF levels adjusted.
Palm Oil Prices in APAC
- In Indonesia, the Palm Oil Price Index rose by 8.159% quarter-over-quarter, reflecting stronger biodiesel mandates.
- The average Palm Oil price this quarter was approximately USD 1224.00/MT, based on Tanjung Priok.
- Palm Oil Spot Price movements varied weekly as export enquiry softened and port stocks increased.
- Palm Oil Price Forecast projects modest gains into H2 as biodiesel demand offsets seasonal production.
- Palm Oil Production Cost Trend rose due to higher diesel and fertiliser costs, compressing margins.
- Palm Oil Demand Outlook remains constructive as Indonesia's biodiesel blending absorbs volumes and regional restocking.
- Palm Oil Price Index softened as export selling and higher port inventories pressured spot offers.
- Mill operations stayed generally reliable, although regulatory export centralisation and compliance checks disrupted shipment scheduling.
Why did the price of Palm Oil change in June 2026 in APAC?
- Biodiesel mandate expansion diverted significant volumes domestically, reducing exportable supply and tightening FOB availability sharply.
- Peak harvest increased fresh fruit bunch arrivals, raising mill output and pressuring offers in June.
- Importers' cautious buying and weakening soft-oil spreads reduced immediate demand, while freight remained broadly stable.
Malaysia
- In Malaysia, the Palm Oil Price Index rose by 7.72% quarter-over-quarter, supported by stronger exports.
- Palm Oil Spot Price eased as harvest arrivals improved, pressuring nearby offers despite export inquiries.
China
- In China, the Palm Oil Price Index rose by 6.59% quarter-over-quarter, driven by stronger imports.
- Origin export constraints and low port inventories supported gains in the Palm Oil Spot Price.
Palm Oil Prices in Europe
- In Italy, Crude Palm Oil Price Index rose 4.95% quarter-over-quarter, driven by firmer export offers.
- The average Crude Palm Oil price for the quarter was approximately USD 1349.00/MT, CFR Milan.
- Crude Palm Oil Spot Price volatile as Mediterranean arrivals matched steady demand and fluctuating offers.
- Crude Palm Oil Price Forecast indicates modest firmness as freight pressures and certified cargo premiums persist.
- Crude Palm Oil Production Cost Trend rose due to segregation premiums and increased certification fees.
- Crude Palm Oil Demand Outlook mixed: steady food offtake while biodiesel consumption remains structurally constrained.
- Crude Palm Oil Price Index eased amid improved harvests and cheaper oils pressuring import bids.
- Italian inventories remained comfortable while Eni's feedstock pivot reduced refinery demand, limiting upward price momentum near-term.
Why did the price of Crude Palm Oil change in June 2026 in Europe?
- Higher exports from Indonesia and Malaysia increased supply, exerting downward pressure on Milan import quotes.
- Lower fossil fuel and soybean oil prices compressed biodiesel margins, reducing industrial palm oil demand.
- Certification premiums and euro depreciation raised landed costs, offsetting downward pressure from abundant origin offers.
For the Quarter Ending March 2026
Palm Oil Prices in APAC
- In Indonesia, the Palm Oil Price Index rose by 3.76% quarter-over-quarter, driven by biodiesel and exports.
- The average Palm Oil price for the quarter was approximately USD 1131.67/MT FOB Tanjung Priok.
- Domestic B35 blending tightened supply, elevating the Palm Oil Spot Price at Indonesian export terminals.
- Seasonal El Niño dryness reduced yields, feeding upward pressure into the Palm Oil Price Index.
- Policy reforms and rationalisation constrained planted area, shaping the Palm Oil Price Forecast near term.
- Higher national field-to-mill logistics costs altered the Palm Oil Production Cost Trend, raising breakeven levels.
- Oleochemical and branded cooking-oil demand strengthened domestic uptake, supporting the Palm Oil Demand Outlook regionally.
- Inventory draws, port delays and fund-driven volatility tightened supplies, boosting the Palm Oil Spot Price.
- Compliance uncertainties and algorithmic trading widened spreads, adding pressure to the Palm Oil Price Index.
Why did the price of Palm Oil change in March 2026 in APAC?
- El Niño-related dryness reduced fresh fruit bunch yields, tightening processing volumes and immediate exportable supply.
- Stronger biodiesel blending mandates and robust domestic consumption absorbed significant volumes, supporting upward price pressure.
- Rising freight, insurance costs and port disruptions increased delivered costs, encouraging buyers to secure cargoes earlier.
Palm Oil Prices in Europe
- In Italy, the Palm Oil Price Index rose by 5.73% quarter-over-quarter, reflecting restricted inflows, processing costs.
- The average Palm Oil price for the quarter was approximately USD 1285.33/MT, reflecting import-dependent market dynamics.
- Tight cargoes kept the Palm Oil Spot Price elevated, pressuring mills and prompting cautious forward purchasing.
- The Palm Oil Price Forecast shows firm near-term CIF support from compliance costs and origin premia.
- Volatile gas-linked hydrogen and steam costs lifted the Palm Oil Production Cost Trend, raising refinery expenses.
- Palm Oil Demand Outlook for food manufacturers while HVO blenders limit palm usage under stricter rules.
- Eased prompt cargo availability late March tempered the Palm Oil Price Index, enabling limited corrective selling.
- Export origin premia, EU deforestation compliance and freight sustained upward pressure on Italian Palm Oil prices.
Why did the price of Palm Oil change in March 2026 in Europe?
- Restricted spot arrivals and origin premia tightened supply, supporting higher Italian CIF import values recently.
- Volatile natural-gas and hydrogen costs increased refining expenses, pressuring margins and nudging buyers to cover.
- Port strikes and documentation delays under EU regulation slowed clearance, raising demurrage, tightening prompt availability.
Palm Oil Prices in North America
- In USA, the Palm Oil Price Index rose by 5.25% quarter-over-quarter, driven by firmer imports.
- The average Palm Oil price for the quarter was USD 1209.33/MT per CFR assessments.
- Palm Oil Spot Price gains reflected tighter exportable balances and higher freight supporting CFR offers.
- Palm Oil Price Forecast points to firmness as biodiesel blending demand and limited supply endure.
- Palm Oil Production Cost Trend rose; higher crude and shipping costs lifted landed import parity.
- Palm Oil Demand Outlook stays constructive as food processors and biodiesel blenders maintain steady offtake.
- Palm Oil Price Index strength coincided with tight Gulf inventories and disciplined origin export offers.
- Inventories and port operations remained adequate, but geopolitical risks and weather could alter supply balances.
Why did the price of Palm Oil change in March 2026 in North America?
- Uninterrupted Indonesian and Malaysian shipments increased cargo availability, relieving tightness and tempering immediate price pressure.
- Rising freight and crude-linked transport costs raised landed parity, contributing to higher U.S. CFR quotations.
- Steady food and biodiesel offtake maintained buying interest, supporting prices despite balanced inventory levels recently.
For the Quarter Ending December 2025
North America
- In USA, the Palm Oil Price Index fell by 0.83% quarter-over-quarter, reflecting softer landed parity.
- The average Palm Oil price for the quarter was approximately USD 1149.00/MT, reflecting seasonal procurement.
- Palm Oil Spot Price showed range moves while Price Index signalled weakening as freight premiums rose.
- Palm Oil Price Forecast indicates modest recovery subject to Palm Oil Production Cost Trend, freight developments.
- Palm Oil Demand Outlook remained steady with seasonal bakery and renewable diesel restocking supporting near-term consumption.
- Palm Oil Price Index pressures intensified with tariff rollbacks as abundant Southeast Asian exports increased availability.
- Inventory builds in Malaysian ports and export readiness pressured U.S. CFR levels despite refiners maintaining throughput.
- New U.S. refining and oleochemical capacity announcements provided limited support to the Price Index amid ample global stocks.
Why did the price of Palm Oil change in December 2025 in North America?
- Tariff removals on major origins reduced landed costs, increasing import volumes and exerting downward pressure.
- Widening trans-Pacific freight premiums and Panama Canal draft limits raised landed parity, supporting near-term buying and price resilience.
- Seasonal restocking by food processors and higher RIN-driven biodiesel demand provided modest uplift to U.S. import parity.
APAC
- In Indonesia, the Palm Oil Price Index fell by 0.97% quarter-over-quarter, reflecting elevated inventory pressures.
- The average Palm Oil price for the quarter was approximately USD 1090.67/MT after export adjustments.
- Palm Oil Spot Price reacted to freight and export policy signals, prompting sellers to discount.
- Palm Oil Price Forecast indicates upside into year-end supported by biodiesel demand and export restocking.
- Palm Oil Production Cost Trend remained contained as energy and fertiliser costs held, limiting cost-push.
- Palm Oil Demand Outlook strengthened from India restocking and EU pre-compliance buying, supporting export flows.
- Palm Oil Price Index volatility reflected seasonal harvest peaks and intermittent license checks pressuring shipments.
- High terminal inventories and harvest flows kept mill utilisation steady, encouraging sellers to clear stocks.
Why did the price of Palm Oil change in December 2025 in APAC?
- Elevated regional stocks and uninterrupted harvest flows drove excess supply, outweighing biodiesel domestic consumption support.
- December export tax and levy adjustments plus forex retention measures compressed exporter netbacks, prompting discounts.
- Pre-compliance EU buying and India restocking provided temporary support, while global demand uncertainty constrained rallies.
Europe
- In Italy, the Palm Oil Price Index fell by 0.46% quarter-over-quarter, reflecting abundant imports and softer demand.
- The average Palm Oil price for the quarter was approximately USD 1215.67/MT, supported by shipments and seasonal demand.
- Palm Oil Spot Price moderated amid week-on-week volatility, driven by arrivals, freight shifts and transient port congestion.
- Palm Oil Price Forecast indicates modest upside as seasonal food demand offsets cargo availability and origin price rebounds.
- Palm Oil Production Cost Trend remained stable; energy and freight costs flat, origin feedstock firmness raised landed-cost pressure.
- Palm Oil Demand Outlook shows steady confectionery and industrial buying into the holidays, while biodiesel-related uptake eases.
- Palm Oil Price Index volatility reflected policy shifts, traceability premiums and importers’ inventory management practices.
- Inventory builds and large port discharges pressured CIF Italy values, while exporters’ selective allocations limited steep declines.
Why did the price of Palm Oil change in December 2025 in Europe?
- Tighter origin prices and prioritized Asian cargoes reduced export availability to Italy, lifting Italian landed costs.
- EU policy developments and traceability premiums increased transaction complexity, prompting selective buying and premium paid for certified loads.
- Seasonal confectionery demand supported consumption, while biodiesel incentives waned, moderating overall import-driven demand pressure into December.
For the Quarter Ending September 2025
North America
- In USA, the Palm Oil Price Index rose by 4.54% quarter-over-quarter, reflecting tighter export pressures.
- The average Palm Oil price for the quarter was approximately USD 1158.67/MT, per import statistics.
- Palm Oil Spot Price rose on soybean strength, vessel tightness, boosting landed cost and buying.
- Palm Oil Price Forecast shows limited upside as supply offsets seasonal restocking and policy uncertainties.
- Palm Oil Production Cost Trend tightened from higher export levies and freight, increasing landed pressure.
- Palm Oil Demand Outlook remains supportive from food sector restocking, while biodiesel demand was variable.
- US port inventory builds softened premiums, weighing on the Palm Oil Price Index during September.
- Export demand shifts from Asia and origin policy changes influenced U.S. import flows and differentials.
Why did the price of Palm Oil change in September 2025 in North America?
- Improved Southeast Asian shipments and inventories reduced scarcity, easing Palm Oil Price Index in September.
- Lower freight and energy costs trimmed landed costs, exerting downward pressure on U.S. import pricing.
- Softening biodiesel demand and cautious buyer restocking amid dollar strength and policy clarity weakened buying interest.
APAC
- In Indonesia, the Palm Oil Price Index rose by 5.93% quarter-over-quarter, as biodiesel demand tightened exports.
- The average Palm Oil price for the quarter was approximately USD 1101.33/MT reflecting export sentiment.
- Palm Oil Spot Price showed strength amid B40 biodiesel demand and tight export availability lifting offers.
- The Palm Oil Price Forecast anticipates modest volatility, driven by seasonal harvests and shifting import demand patterns.
- Palm Oil Production Cost Trend modestly increased as FFB prices and logistics costs pushed upstream breakevens higher.
- Palm Oil Demand Outlook remains constructive for biodiesel and food sectors, offsetting weaker European and US export interest.
- Inventory builds at ports moderated gains, but the Palm Oil Price Index stayed supported by robust Asian buying activity.
- Major producers operated near-normal capacity while redirecting volumes domestically, influencing export flows and regional price dynamics.
Why did the price of Palm Oil change in September 2025 in APAC?
- Higher domestic biodiesel demand absorbed volumes, tightening export availability and supporting local short-term price levels.
- Improved harvest arrivals and higher port inventories relieved supply tightness, pressuring FOB offers during September.
- Softening import interest from India and China, plus tariff uncertainty and logistics normalization, weighed on demand.
Europe
- In Italy, the Palm Oil Price Index rose by 5.44% quarter-over-quarter, amid tighter Southeast exports.
- The average Palm Oil price for the quarter was approximately USD 1221.33/MT, reflecting stabilization overall.
- Palm Oil Spot Price posted modest weekly gains amid intermittent port congestion and cautious replenishment.
- The Palm Oil Price Forecast signals gradual upside in autumn supported by seasonal demand expectations.
- Palm Oil Production Cost Trend remained muted as improved yields limited input pressures in processing.
- Palm Oil Demand Outlook remains steady with food and biodiesel sectors maintaining moderate buying levels.
- Italian inventories supported the Palm Oil Price Index, while stronger European export interest tightened supply.
- Major processors operated near capacity, contributing to steady flows, moderating volatility in Palm Oil pricing.
Why did the price of Palm Oil change in September 2025 in Europe?
- Export cuts from Southeast Asia tightened supply, elevating import costs and supporting the price rise.
- Improved harvesting raised inventories, exerting downward pressure while biodiesel demand partially offset declines in September.
- Higher freight and port congestion increased landed costs, constraining imports and amplifying short-term price volatility.
