For the Quarter Ending June 2026
Palm Stearin Prices in North America
- In United States, Palm Stearin Price Index rose in Q2 2026, driven by increased production costs and robust retail sales.
- Palm Stearin production costs increased in Q2 2026, as producer prices rose 5.5% year-over-year in June 2026.
- Demand for Palm Stearin was supported by strong retail sales, which grew 6.9% year-over-year in May 2026.
- Consumer purchasing power eroded as the Consumer Price Index increased 3.5% year-over-year in June 2026.
- Industrial demand for Palm Stearin was subdued, with industrial production growing 0.7% year-over-year in June 2026.
- Crude oil prices were higher and volatile through Q2 2026, impacting energy and transportation costs.
- Global liquefied natural gas supply loss in Q2 2026 distorted short-term gas market fundamentals.
- Palm Stearin price trends indicated upward pressure in Q2 2026, influenced by cost inflation and supply issues.
Why did the price of Palm Stearin change in June 2026 in North America?
- Producer prices rose 5.5% year-over-year in June 2026, increasing Palm Stearin production costs.
- Crude oil prices were higher and volatile in Q2 2026, raising energy and transportation expenses.
- Strong retail sales, up 6.9% year-over-year in May 2026, supported Palm Stearin demand.
Palm Stearin Prices in APAC
- In China, the Palm Stearin Price Index rose quarter-over-quarter in Q2 2026, driven by rising input costs and industrial activity.
- Palm Stearin FOB Indonesia was assessed at USD 1,160/MT during Q2 2026, reflecting firm export market conditions and steady regional demand.
- Palm Stearin production costs increased in Q2 2026, influenced by a 4.1% PPI in June 2026 and constrained crude palm oil feedstock.
- Palm Stearin demand rose in Q2 2026, supported by food-sector restocking and a 5.3% increase in industrial production.
- The Manufacturing Index expanded in June 2026, indicating robust industrial activity and increased raw material demand.
- Global palm oil inventories were adequate in Q2 2026; Chinese traders accumulated involuntary stock in May 2026.
- China's palm oil imports increased significantly between April and May 2026, while exports decreased concurrently.
- Elevated crude oil prices influenced palm oil costs in Q2 2026 due to geopolitical tensions, though prices declined in June 2026.
- Palm Stearin demand was tempered by subdued consumer spending, with CPI and retail sales at 1.0% in June 2026.
Why did the price of Palm Stearin change in June 2026 in APAC?
- Rising input costs, indicated by a 4.1% PPI in June 2026, pressured Palm Stearin prices.
- Strong industrial production, which rose 5.3% in June 2026, supported Palm Stearin demand.
- Weak consumer spending, with retail sales at 1.0% in June 2026, tempered end-product demand.
Palm Stearin Prices in Europe
- In Germany, Palm Stearin prices weakened in Q2 2026, influenced by higher global crude palm oil stockpiles.
- Palm Stearin production costs rose in Q2 2026, with global crude oil prices strengthening from geopolitical disruptions.
- Demand for Palm Stearin faced pressure in Q2 2026, as European import demand was pressured in April-May 2026.
- Germany's CPI rose 2.3% year-on-year in June 2026, indicating increased input costs for manufacturers.
- Producer prices in Germany increased 2.2% year-on-year in May 2026, raising raw material costs.
- Germany's Manufacturing Index showed a contracting trend in June 2026, signaling industrial slowdown.
- Industrial production in Germany remained unchanged at 0.0% in May 2026, indicating stagnant output.
- Retail sales in Germany increased 1.8% year-on-year in May 2026, supporting consumer goods demand.
- Germany's unemployment rate remained stable at 3.8% in May 2026, supporting consumer purchasing power.
- Consumer confidence in Germany was -14.6% in June 2026, suggesting reduced discretionary spending.
Why did the price of Palm Stearin change in June 2026 in Europe?
- Global crude palm oil pricing weakened in Q2 2026 from higher stocks and slow exports.
- European import demand for palm oil was pressured in April-May 2026 by competing oils.
- Strengthening crude oil prices in Q2 2026 made biodiesel more competitive, impacting feedstock.
For the Quarter Ending March 2026
Palm Stearin Prices in North America
- In United States, the Palm Stearin Price Index rose quarter-over-quarter in Q1 2026, driven by elevated energy costs.
- The Palm Stearin Price Forecast trended upward in March 2026 as petroleum prices strengthened across markets.
- The Palm Stearin Production Cost Trend increased in March 2026 because crude palm oil feedstock costs rose.
- The Palm Stearin Demand Outlook strengthened in March 2026, supported by finalized EPA Renewable Volume Obligation standards.
- Headline CPI increased to 3.3% in March 2026, driving competitiveness and demand for Palm Stearin in biofuels.
- Producer prices rose 4.0% in March 2026, increasing refining costs and pushing Palm Stearin derivative prices higher.
- The Manufacturing Index expanded in March 2026, stimulating industrial activity and demand for Palm Stearin-based oleochemicals.
- Industrial production grew 0.7% and retail sales rose 4.0% in March 2026, supporting Palm Stearin consumption.
- Unemployment stabilized at 4.3% and consumer confidence reached 91.8 in March 2026, driving Palm Stearin substitution.
Why did the price of Palm Stearin change in March 2026 in North America?
- Petroleum prices strengthened in March 2026, providing upward pressure on the broader vegetable oil complex.
- Crude palm oil feedstock costs inched up in March 2026, directly increasing overall production expenses.
- Biofuel sector demand strengthened in March 2026 following the finalization of Renewable Volume Obligation standards.
Palm Stearin Prices in APAC
- In China, the Palm Stearin Price Index rose quarter-over-quarter in Q1 2026, driven by tightened feedstock availability.
- A 1.0% CPI increase in March 2026 supported a stable Palm Stearin Demand Outlook for food applications.
- The 0.5% PPI growth in March 2026 reflected an upward Palm Stearin Production Cost Trend for manufacturers.
- Industrial production grew 5.7% and the Manufacturing Index expanded in March 2026, significantly boosting industrial oleochemical consumption.
- Slower 1.7% retail sales growth and a 5.4% unemployment rate in March 2026 limited downstream consumer-facing applications.
- A low consumer confidence index of 91.6 in February 2026 dampened overall demand for everyday consumer goods.
- Crude palm oil feedstock availability tightened during Q1 2026, directly elevating the Palm Stearin Production Cost Trend.
- The Palm Stearin Price Forecast remained elevated as Chinese buyers actively replenished depleted inventories throughout Q1 2026.
Why did the price of Palm Stearin change in March 2026 in APAC?
- Food-sector procurement activity and routine restocking cycles for palm stearin strengthened significantly throughout Q1 2026.
- Malaysian crude palm oil production plummeted in January 2026, severely tightening the regional feedstock supply.
- Indonesian export taxes and levies for crude palm oil inched up steadily in February 2026.
Palm Stearin Prices in Europe
- In Germany, the Palm Stearin Price Index rose quarter-over-quarter in Q1 2026, driven by strengthened feedstock costs.
- The Palm Stearin Production Cost Trend increased in March 2026 as inflation reached 2.7 percent year-over-year.
- Despite producer prices declining 0.2 percent year-over-year in March 2026, the Palm Stearin Price Forecast remained elevated.
- The Manufacturing Index expanded in March 2026, which supported a robust Palm Stearin Demand Outlook for industrial additives.
- Industrial production remained flat at 0.0 percent year-over-year in February 2026, capping volume growth for industrial-grade oleochemicals.
- Retail sales grew 0.7 percent and unemployment held at 4.2 percent in February 2026, supporting consumer demand.
- Consumer confidence dropped to negative 24.7 in March 2026, shifting Palm Stearin demand toward basic hygiene goods.
- Southeast Asian crude palm oil supply tightened and Indonesian export levies adjusted upward during Q1 2026.
- Biodiesel blending demand strengthened in Q1 2026, while edible oil consumption stabilized throughout March 2026.
Why did the price of Palm Stearin change in March 2026 in Europe?
- Crude palm oil feedstock costs and Brent crude oil costs strengthened significantly during March 2026.
- Global industry inventories and European import requirements for traceable supply chains tightened in Q1 2026.
- Market demand for sustainable, deforestation-free palm oil strengthened across the German market in Q1 2026.
For the Quarter Ending December 2025
Palm Stearin Prices in North America
- In the United States, the Palm Stearin Price Index rose quarter-over-quarter in Q4 2025, driven by increased costs and demand.
- Palm Stearin production costs faced upward pressure in Q4 2025 from elevated feedstock and export levies.
- The Producer Price Index (PPI) increased 3.0% in November 2025, reflecting rising industrial input costs.
- The Consumer Price Index (CPI) rose 2.7% in December 2025, indicating higher overall production costs.
- Demand for palm derivatives maintained robust growth across food-grade and industrial sectors in Q4 2025.
- Industrial production rose 2.0% in December 2025, strengthening Palm Stearin demand in key sectors.
- Retail sales increased 3.3% in November 2025, supporting consumer spending on goods using Palm Stearin.
- Unemployment remained low at 4.4% in December 2025, bolstering consumer confidence for end-product consumption.
- Malaysian and Indonesian palm oil inventories were elevated through December 2025, influencing supply.
Why did the price of Palm Stearin change in December 2025 in North America?
- Production costs increased due to elevated feedstock prices and export levies in Q4 2025.
- Robust demand was supported by a 2.0% rise in industrial production in December 2025.
- The Consumer Price Index (CPI) rose 2.7% in December 2025, reflecting increased overall manufacturing expenses.
Palm Stearin Prices in APAC
- In China, the Palm Stearin Price Index rose quarter-over-quarter in Q4 2025, driven by surging demand and elevated feedstock costs.
- Palm Stearin production costs remained elevated in Q4 2025 due to increased biofuel demand in Indonesia and Malaysia.
- Demand for palm derivatives surged in Q4 2025, fueled by manufacturing recovery and expanding exports.
- Industrial production rose 5.2% in December 2025, and the Manufacturing Index expanded, supporting Palm Stearin demand.
- Weak consumer inflation (CPI 0.8%) and low retail sales (0.9%) in December 2025 tempered Palm Stearin demand outlook.
- China's palm oil stocks increased in December 2025, indicating slower inventory digestion in downstream sectors.
- China's palm oil imports surged in November 2025, accelerating towards year-end 2025, impacting trade flows.
- The Producer Price Index declined by 1.9% in December 2025, reflecting producer-level deflation for industrial goods.
Why did the price of Palm Stearin change in December 2025 in APAC?
- Elevated palm oil prices persisted in Q4 2025 due to stagnant production and increased biofuel demand.
- Demand for palm derivatives surged in Q4 2025, fueled by manufacturing recovery and expanding exports.
- China's palm oil stocks increased in December 2025, indicating slower inventory digestion from downstream sectors.
Palm Stearin Prices in Europe
- In Germany, the Palm Stearin Price Index fell quarter-over-quarter in Q4 2025, influenced by negative producer price trends.
- Palm Stearin Price Forecast indicates downward pressure due to ample global vegetable oil supply projected for 2025/26.
- Palm Stearin production costs rose in 2025, driven by increased carbon pricing and higher wholesale electricity.
- Palm Stearin Demand Outlook was mixed, with subdued overall consumer activity in Germany during Q4 2025.
- German Producer Price Index (PPI) declined 2.5% year-over-year in December 2025, bearish for Palm Stearin prices.
- Consumer Price Index (CPI) rose 1.8% year-over-year in December 2025, contributing to higher operational costs.
- Retail sales in Germany increased 1.8% year-over-year in December 2025, supporting consumer goods demand.
- Industrial Production remained stable at 0.0% year-over-year in October 2025, indicating neutral industrial demand.
- Demand for advanced biofuels in the EU, relevant to Germany, expanded in 2025 due to regulatory mandates.
Why did the price of Palm Stearin change in December 2025 in Europe?
- German Producer Price Index declined 2.5% year-over-year in December 2025, exerting downward pressure.
- Global vegetable oil production, including palm oil, was projected to reach record levels in the 2025/26 period.
- Consumer confidence in Germany registered -12.0 in December 2025, dampening discretionary demand.
For the Quarter Ending September 2025
Palm Stearin Prices in North America
- In United States, the Palm Fat (Palm Stearin) Price Index rose in Q3 2025, driven by robust demand and rising costs.
- Production costs increased in Q3 2025 due to rising fertilizer prices and firm oleochemical feedstock costs.
- Demand for Palm Fat (Palm Stearin) remained strong in Q3 2025, supported by robust US food and bioenergy consumption.
- Low global palm oil inventories in Q3 2025 contributed to upward pressure on Palm Fat (Palm Stearin) prices.
- Strong retail sales, up 5.42% year-over-year in September 2025, bolstered consumer demand.
- The 3.0% year-over-year CPI increase in September 2025 raised operational costs for manufacturers.
- The 2.6% year-over-year PPI increase in August 2025 reflected rising input costs for producers.
- Palm Fat (Palm Stearin) demand outlook was moderately bullish, supported by stable 4.3% unemployment in September 2025.
Why did the price of Palm Fat (Palm Stearin) change in September 2025 in North America?
- Rising production costs from firm feedstock and increased natural gas prices in September 2025.
- Robust food and bioenergy demand, supported by 5.42% retail sales growth in September 2025.
- Low global inventories and escalated Malaysian export duties pressured prices upward.
Palm Stearin Prices in Europe
- In Germany, the Palm Fat (Palm Stearin) Price Index fell quarter-over-quarter in Q3 2025, due to contracting industrial activity.
- Palm Fat (Palm Stearin) production costs eased in Q3 2025, driven by a 1.7% decrease in producer prices in September 2025.
- The demand outlook for Palm Fat (Palm Stearin) was challenged by a contracting Manufacturing Index in Q3 2025.
- Industrial production declined by 1.0% in September 2025, reducing demand for industrial applications.
- Consumer demand for end products was supported by a 0.2% rise in retail sales in September 2025.
- Rising consumer price inflation of 2.4% in September 2025 could dampen consumer purchasing power.
- A stable unemployment rate of 6.3% in September 2025 indicated consistent consumer income.
- European biofuel demand increased in Q3 2025, intensifying competition for residue oils.
- Policy changes in Q3 2025 continued the phase-out of palm oil in biofuels, highlighting rapeseed.
Why did the price of Palm Fat (Palm Stearin) change in September 2025 in Europe?
- Producer prices decreased by 1.7% in September 2025, lowering production costs for Palm Fat (Palm Stearin) derivatives.
- Industrial production declined by 1.0% in September 2025, reducing demand for industrial applications.
- Retail sales increased by 0.2% in September 2025, supporting consumer goods demand.
Palm Stearin Prices in APAC
- In China, the Palm Fat (Palm Stearin) Price Index rose quarter-over-quarter in Q3 2025, driven by strengthening feedstock costs.
- Production costs increased in Q3 2025 due to strengthened Crude Palm Oil feedstock prices and rising freight charges.
- Demand for palm derivatives surged across Asia's personal care, cosmetics, and food industries in Q3 2025.
- China's industrial production expanded 6.5% year-on-year in September 2025, supporting raw material demand.
- Retail sales of consumer goods increased 3.0% year-on-year in September 2025, boosting end-use product demand.
- Palm oil stocks in China declined month-on-month in September 2025, indicating active buyer replenishment.
- The Manufacturing Index was contracting in September 2025, suggesting reduced overall industrial activity.
- Consumer Price Index decreased -0.3% year-on-year in September 2025, reflecting weak consumer purchasing power.
- Producer Price Index declined -2.3% year-on-year in September 2025, indicating pressure on producer margins.
Why did the price of Palm Fat (Palm Stearin) change in September 2025 in APAC?
- Crude Palm Oil feedstock costs strengthened in Q3 2025, directly increasing Palm Fat (Palm Stearin) production expenses.
- China's retail sales increased 3.0% year-on-year in September 2025, supporting demand for end-use products.
- Palm oil stocks in China declined month-on-month in September 2025, reflecting active inventory replenishment.
