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

Palm Oil Prices

Palm oil prices averaged USD 965 per metric ton in September, up 1.6% from August’s price but 7.9% lower year on year. Meanwhile, palm oil traded at USD 940 per metric ton on 29 September, 2.3% lower month on month. After reaching a peak of over USD 1,000 in early September, prices then slid for the remainder of the month and into the start of October.

This chart displays Palm Oil (US$/mt) from 2022 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 - - - - 1,569 1,659 1,118 1,045

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Price forecasts and historical data for Palm Oil.

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