Palm oil prices averaged USD 1,354 per metric ton in September, up 0.4% from August. On 30 September, the commodity traded at USD 1,340 per metric ton, down 0.7% from 29 August.
Palm oil prices rose to a six-month high in September, buoyed by surging exports for most of the month. Market sentiment strengthened on expectations of high Indian purchasing activity ahead of the Diwali festival in October and an anticipated delay of the European Union’s anti-deforestation law for another year.
This chart displays Palm Oil (US$/mt) from 2023 to 2025.
Palm Oil (prices in US$/mt, aop)
Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Palm Oil | - | - | - | 927 | 999 | 1,037 | 1,082 | 1,353 | 1,475 | 1,303 | 1,334 | - |