Palm oil prices averaged USD 1,263 per metric ton in June, down 1.6% from May. On 30 June, the commodity traded at USD 1,275 per metric ton, down 1.2% from 30 May.
Average palm oil prices eased for the third consecutive month in June, capped by rising exports and lower prices for cheaper alternatives, including soy and crude oil. That said, an over 60% spike in demand from India, due to lower prices, lent support and helped to temper the decline.
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 | - | - | 961 | 927 | 999 | 1,037 | 1,082 | 1,353 | 1,475 | 1,303 | - | - |