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.
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 |