Palm oil prices averaged USD 1,367 per metric ton in April, down 13.5% from March. On 30 April, the commodity traded at USD 1,290 per metric ton, down 13.1% from 31 March.
April saw the sharpest price decline in nearly three years. Buyers opted for cheaper alternatives, such as soy oil; top importer India’s palm oil purchases fell month on month in April. Additionally, markets expected output to improve after recent supply shocks.
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 | - | 955 | 961 | 927 | 999 | 1,037 | 1,082 | 1,353 | 1,475 | - | - | - |