Palm tree, vegetable oil that comes from the fruit of oil palm trees

Palm Oil Prices

Palm oil prices rose on average in April. However, they dropped through month-end on sluggish demand and shipments. Prices averaged USD 1,023 per metric ton in April, which was 2.0% higher than March’s price. Meanwhile, the price of palm oil was down 39.9% from the same month last year. Palm oil traded at USD 980 per metric ton on 28 April, which was down 4.4% from the same day of the previous month.

This chart displays Palm Oil (US$/mt) from 2021 to 2023.

Palm Oil (prices in US$/mt, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
Palm Oil - 1,167 1,218 1,349 1,569 1,659 1,118 1,045

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Price forecasts and historical data for Palm Oil.

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